Johanes
Short

JLS007:USDCAD Indicative Price Performance Outlook 1.3600-1.3100

FX_IDC:USDCAD   U.S. Dollar / Canadian Dollar
The new harmonized U-shape band of the USDCAD and CADUSD is indicating for the USDCAD to turn to donward in long term (5 years or more) and the turning point estimated at 1.3600, the previous upper medium term band. Accordingly, the USDCAD is expected to move to downward in medium term 1.3600-1.3100-1.2600.

The indicative price performance outlook for the first 500 PIPs (1.3600-1.3100) illustrated by the chart based on the assumption that the USDCAD will visit the 1.3600 for turning.
May 11
Comment:
May 13
Comment: This turning process take longer.
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