Technicals

Add as a preferred source on Google

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 s…

1 min read
FxWirePro- Canada Retail sales-
Image from the original EconoTimes article

Read the original article

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

 

 

 

 

 

 

Related articles

View all
Technicals

Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560