USDCAD ANALYSIS

٢٨ أغسطس ٢٠٢٠

With dollar weakness and news packed next week, there will be an ample opportunity to get into some positions. Looking to either retest support near 1.3030, or make an upward move towards the trendline that will now act as resistance (1.3230) stay awhile at that level and resume the selling. It will all depend on sentiment and how market participants react to data. Will post updated view during the week