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Loonie has been relatively unaffected by the recent developments around the U.S. election, spending the past two weeks in a narrow, one cent, range between 1.335 and 1.345. Any post-election dip may be worth buying due to still weak fundamentals.
1.33 is the initial support with more near 50 DMA (1.32) and then the pending intersection of 100 and 200 DMA (1.31). On the upside, 1.3450 - 1.35 is followed by 1.3575 - 1.36 and then 1.37.
1.33 is the initial support with more near 50 DMA (1.32) and then the pending intersection of 100 and 200 DMA (1.31). On the upside, 1.3450 - 1.35 is followed by 1.3575 - 1.36 and then 1.37.
