USDCAD Made a Trend Change



On the third trading day of the week, the positive outlook in the global investor risk atmosphere supports developed country currencies. In addition, it is possible to say that the pressure of the US 10-years below 3.60 percent on the currencies of the major countries has decreased. From this point of view, if the parity, which makes the trend change, can fall below the 1.3330 support, it can continue the downward momentum behind 1.3275 until the 1.3210 level. In the surprise recovery attempts, the 1.3445 – 1.3505 line will be a strong resistance zone.