Instrument: USDCAD
Bullish Preference:
Buy position is envisaged if price trades above 1.35550 with take profit at 1.35745
Bearish Preference:
Sell position is envisaged if price trades below 1.35271 with take profit at 1.35088
Fundamentals:
None with Expected High Impact
Comment:
Wall Street futures rise amid global market gains, dollar dips
The anticipation of economic data releases has kept the financial community on its toes. The United States is bracing for a minor decline in the S&P Global PMI, with services projected at 50.4 and manufacturing at 49.8. The data comes ahead of a shortened trading session on Wall Street, with no other significant data expected to be released today
Analysis: SCRUM Team