• Erased the falling wedge
• The oscillator has been turned bullish
• The immediate resistance seems to be at 1.8070 its 20MA
Data risk: Inflation, retail sales, and BOC policy settings are likely to raise the loonie volatility than usual. We expect BOC unlikely to hike this week, whereas May hike could be expected.
• The oscillator has been turned bullish
• The immediate resistance seems to be at 1.8070 its 20MA
Data risk: Inflation, retail sales, and BOC policy settings are likely to raise the loonie volatility than usual. We expect BOC unlikely to hike this week, whereas May hike could be expected.