Main Scenario: As long as it remains between 1,3326 and 1,3355, our main expectation is NEUTRAL!
In addition, it is necessary to go outside the respective band points for clearer movements.
Target Expectation: 1,3226 – 1,3290 – 1,3355
Considerations Supporting The Scenario: We continue to keep track of band levels as it has not yet taken a clear step towards breaking out of trend lines.
Alternative Scenario: An alternative expectation may be taken into account in case of a 4-hour close above 1.3355 or below 1.3226.
Positive Alternative Target Expectation: 1,3394 – 1,3435 – 1,3495
Negative Alternative Target Expectation: 1,3185 – 1,3146 – 1,3094
THE MOST IMPORTANT NEWS AND ASSETS OF THE DAY
Friday, November 29
- US Thanksgiving Bank holiday
- Turkey Trade Deficit,
- Euro Area Core Consumer Price Index,
- Canadian Gross Domestic Product,
When we consider the current news feeds today, USDCAD may attract attention relative to other entities.