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FxWirePro- Canada Retail sales-

The Canadian July retail sales came at 0.90% from -0.20% the previous month, compared to a forecast of 0.60%. Core retail sales excluding auto jumped to 0.40% vs. the Estimate of 0.30%, prior 0.30%.

 

The Canadian dollar showed a minor pullback after upbeat retail sales data.

 

Major resistance- 1.3700

 

Near-term resistance - 1.3650

 

Minor support-  1.3500,1.3460
 

Trend reversal level- 1.3400

 

 

 

 

 

 

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