Quotes from BofA Merrill Lynch:
- USD/CAD looks to be completing its 3wk range trade with today's reversal higher.
- Indeed, a close above 1.2487 would complete a Bullish Engulfing Candle on daily charts, adding to the bullish body of evidence.
- A break of 1.2643/1.2665 would confirm a resumption of the bull trend for 1.3035
Commentary
Daily outlook for USD/CAD: BofA Merrill Lynch
Quotes from BofA Merrill Lynch:- USD/CAD looks to be completing its 3wk range trade with today's reversal higher. - Indeed, a close above 1.2487 would complete a Bullish Engulfing Candle on daily charts, adding to the bu…
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