USD/CAD Outlook (22nd October 2019)
Overall, USD/CAD is trending downwards. Recently, USD/CAD is trending downwards.
The Canadian retail sales data will be released at 2030 (SGT).
- Core Retail Sales m/m (Forecast: 0.1%, Previous: -0.1%)
If the released data is worse than or as forecasted, the Canadian dollar may weaken.
USD/CAD’s next support level is at 1.30300 and the next resistance level of 1.31500.
The Canadian retail sales data will be released at 2030 (SGT).
- Core Retail Sales m/m (Forecast: 0.1%, Previous: -0.1%)
If the released data is worse than or as forecasted, the Canadian dollar may weaken.
USD/CAD’s next support level is at 1.30300 and the next resistance level of 1.31500.
Free trading community: discord.gg/kPDXU2ZaDt