THE CANADIAN DOLLAR STARTED A BULLISH TREND SINCE YESTERDAY AT 10:00 AM GMT

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treach

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The Canadian Dollar started a bullish trend yesterday at 10:00 AM GMT and clocked a high 1.293
( R1) since 6th of August a high of 1.2933. Although the two numbers seem to be close but the indication is different. Since the first resistance is at 1.2937, the behavior of the trend is expected to continue in an uprise trend.

Remark: The Canadian dollar is expected to rise bullish later today until 1:30 PM GMT when Canadian statistics are released regarding employment change and unemployment rate which will create two possible scenarios with numeric keys as follows:

PP H5 1.2915 R1 1,2937 , R2 1.2951 , R3 1.2987 , R4 1.3037

S1 1.2885 , S2 1.2855 , S3 1.2819 , S4 1.2783
 
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