SEB: USD/CAD expanding gains further – eFXnews

FXStreet (Barcelona) - The eFXnews Team shares SEB’s intraday technical outlook for USD/CAD.

Key Quotes

“A potentially bearish print (Tue) was more than neutralized yesterday by a high and bullish looking session close.”

“Nearby targets (short-term Fibo projection & long-term 50% retracement) at 1.2575 & 1.2630 are increasingly exposed. Supports are located at 1.2465 & 1.2380.”

“Current intraday stretches are located at 1.2400 & 1.2590.”

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