In view of FX Strategists at UOB Group, USD/CAD‘s near term stance is bullish and should meet resistance in the 1.3380 area. Key Quotes “USD gains have slowed overnight, flattening out the short-term trend somewhat but there is no sign of the USD bid tone fading in a meaningful way”. “Short, medium and longer-term trend signals are bullishly aligned for the USD, suggesting limited downside corrective potential at the moment and strong bid interest is likely to emerge on minor dips. We see support at 1.3280/90 now. Resistance 1.3380/00″. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Litecoin price analysis: LTC/USD battles to break barriers for higher consolidation; Charlie Lee bullish while on CNBC, “I have faith that prices will rebound” FX Street 3 years In view of FX Strategists at UOB Group, USD/CAD's near term stance is bullish and should meet resistance in the 1.3380 area. Key Quotes "USD gains have slowed overnight, flattening out the short-term trend somewhat but there is no sign of the USD bid tone fading in a meaningful way". "Short, medium and longer-term trend signals are bullishly aligned for the USD, suggesting limited downside corrective potential at the moment and strong bid interest is likely to emerge on minor dips. We see support at 1.3280/90 now. Resistance 1.3380/00". Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
