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Forex: USD/CAD flat prior to US information
The try is trading virtually unchanged from last session’s shut once hitting ten.215 earlier on and did not break through it.
The Consumer Confidence index is anticipated in a while within the US economy with market consensus hoping for a climb to fifty eight.5 in December from five6.0 within the previous month.
As of writing the cross is losing simply zero.03% at 1.0200 with its initial support waiting at one.0165 (low Dec.12), followed by one.0134 (high Dec.7), then 1.0052 (low Dec.8) and 1.0028 (high Oct.31 currently sup).
On the upside, a penetration of one.0269 (hourly res Dec.22) would bring one.0282 (high Dec.22), then 1.0310 (high Dec.21) and 1.0387 (high Dec.20).
The try is trading virtually unchanged from last session’s shut once hitting ten.215 earlier on and did not break through it.
The Consumer Confidence index is anticipated in a while within the US economy with market consensus hoping for a climb to fifty eight.5 in December from five6.0 within the previous month.
As of writing the cross is losing simply zero.03% at 1.0200 with its initial support waiting at one.0165 (low Dec.12), followed by one.0134 (high Dec.7), then 1.0052 (low Dec.8) and 1.0028 (high Oct.31 currently sup).
On the upside, a penetration of one.0269 (hourly res Dec.22) would bring one.0282 (high Dec.22), then 1.0310 (high Dec.21) and 1.0387 (high Dec.20).
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