Main Scenario: General expectation below 1.3145 level NEGATIVE!
Target Expectation: 1,3012 – 1,2955 – 1,2917
Considerations Supporting The Scenario: While the bearish trend continued, the Relative Vigor Index also supported the trend expectation regarding the negative signal outlook.
Alternative Scenario: POSITIVE with an upward pass of 1.3145 level!
Alternative Target Expectation: 1,3234 – 1,3290 – 1,3343
Critical News of the Day: Wholesale Sales data from Canada can be tracked for USDCAD short-term expectations.