Forex Flash: USD/CAD at risk of retesting parity - TDS
Forex pairs in this Article » USD/CAD
FXstreet.com (Barcelona) - After the print of a bearish engulfing bar on Tuesday, the USDCAD, as described in the words of Shaun Osborne, Chief FX Strategist at TDS, "has got some issues to deal with in the short run at least." The analyst believes that short-term support at 0.9990/95 may now be at risk. Resistance remains 1.0050 and 1.01, Shaun says.