Forex Flash: USD/CAD technicals for the week ahead – BBH
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USD/CAD
FXstreet.com (Barcelona) - Looking at USDCAD, Brown Brothers Harriman's Global Head of Currency Strategy, Marc Chandler notes that USD has been trending higher against CAD since mid September.
He writes, "This trend line support now is seen near 0.9900. We have been suggesting a target of 1.0040 which was tested ahead of the weekend. A convincing move through this and our next target near 1.0135 comes into play."
He writes, "This trend line support now is seen near 0.9900. We have been suggesting a target of 1.0040 which was tested ahead of the weekend. A convincing move through this and our next target near 1.0135 comes into play."
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