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Forex: USD/CAD back below one.0200
The US knowledge released throughout the yankee session triggered the USD/CAD decline below the one.0200 to an occasional of one.0191. At the instant of writing, the combine quotes at one.0196.
Although the US client Confidence knowledge revealed an improved sentiment because it pointed to sixty four.5 in December (from previous five.2 and higher than the expected fifty eight.5), the market had been already shopping for positions prior to knowledge.
Supports could also be found at one.0179 (Dec-23 low) and one.0173 (yesterday’s low). On the upside, resistances could seem at one.0214 (daily high) and one.0232 (yesterday’s high).
The US knowledge released throughout the yankee session triggered the USD/CAD decline below the one.0200 to an occasional of one.0191. At the instant of writing, the combine quotes at one.0196.
Although the US client Confidence knowledge revealed an improved sentiment because it pointed to sixty four.5 in December (from previous five.2 and higher than the expected fifty eight.5), the market had been already shopping for positions prior to knowledge.
Supports could also be found at one.0179 (Dec-23 low) and one.0173 (yesterday’s low). On the upside, resistances could seem at one.0214 (daily high) and one.0232 (yesterday’s high).
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