Strifor || USDCAD-29/05/2024

Aktualisiert
Preferred direction: BUY
Comment: The USDCAD currency pair is also considered today more from the point of view of buy-priority. Here the growth target is the resistance level 1.37438, which is a local maximum. In the medium term, growth is expected to be even higher.

The most likely scenario №1 speaks of maximum growth from current prices, and this applies not only to this instrument, but also to most other major pairs. But a sharp drop to the level is also not excluded. 1.36000. This could happen against the backdrop of the publication of data on US GDP, for example. However, the medium-term prospects (scenario №2) for this instrument will most likely develop in favor of the buyer.


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