Home / Forex Analysis / USD/CAD: H&S Bottom; Scope For A Recovery Against 1.2460 – BofAML

USD/CAD: H&S Bottom; Scope For A Recovery Against 1.2460 – BofAML

Dollar/CAD is trading around 1.27. While the pair is off the highs, the loonie does not really enjoy the recent rise in oil prices. What’s next? Here is the view from Bank of America Merrill Lynch. Here is their view, courtesy of eFXnews: Bank of America Merrill Lynch FX Strategy Research discusses USD/CAD outlook from […] The post USD/CAD: H&S Bottom; Scope For A Recovery Against 1.2460 – BofAML appeared first on Forex Crunch.

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