ToniSignals

USD/CAD Signal - CAD Markit Manufacturing PMI - 3 Aug 2021

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
USDCAD is trending to the downside prior to the CAD Markit Manufacturing PMI, which is based on data compiled from monthly replies to questionnaires sent to purchasing executives in over 400 industrial companies. Technically the pair is bouncing out of trendline resistance, and looks set to continue downside.


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