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Tech on USD/CAD

18 July 2017

Resistance 3: C $ 1.2945 (Jul 11-12 high)

Resistance 2: C $ 1.2835 / 60 (Jul 7 low, MA (200) H1)

Resistance 1: C $ 1.2770 (Jul 13 high)

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Market focus

  • Germany: ZEW Indicator of Economic Sentiment rose sharply in March
  • UK unemployment rate unexpectedly dropped to 3.9%
  • UK Brexit secretary Barclay: now in a situation where we need an extension to Brexit
  • Switzerland's trade surplus rose in February

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