ANALYSIS
NQ100 Finds Support from PPIApr 14
USDCAD Is Trying To Maintain Its Uptrend
The depreciation in the US dollar and the rise in oil prices after the ISM manufacturing PMI figure from the USA was realized below the expectations, dragged the parity to the trend. While 1.3420 is our first critic in the currency pair, which tries to maintain its permanence on the uptrend, we will follow the 1.3400 - 1.3375 support range if it falls below this region. On the other hand, overcoming the 1.3485 resistance in the exchange rate, which is expected to show recovery in the closings above the 1.3420 support, may accelerate the rises.
