Comments and forex-analytics from FBS Brokerage Company - page 16

 
 
 
 
 
 
 
 
 

Barclays Capital: bearish view on USD/CAD

Technical analysts at Barclays Capital claim that the pair USD/CAD came to the target levels at 0.9680/65. In their view, this area will hold the initial bearish attack. As long as USD/CAD is trading below resistance at 0.9745, the bank has negative outlook for the greenback. If US currency falls below 0.9665, it will be poised for a decline to 0.9600