USDCAD neutral

The US and Canadian labor market signals worked great again! What will be the next move?

09 August 2022 354
Load the latest quotes
Full screen

Last Friday the labor market dynamics signal from the U.S. and Canada showed another one quick and impressive result, namely, the USDCAD pair increased by 0.37% in 15 minutes.


The US and Canadian labor market signals worked great again! What will be the next move? - Photo 1 * Time zone GMT + 2

 

 

Today the pair is close to the support of 1.285.

 

 

If the U.S. Core Consumer Price Index decreases tomorrow, the pair will probably fall to the next support at 1.265.

In the case of the indicator growth, the growth to the resistance of 1.305 is possible.

This content is for informational purposes only and is not intended to be investing advice.

error
More
Comments
New Popular
Send
Commenting rules