USDCAD PERFORMANCE AND OUTLOOK (SHORT & MEDIUM TERMS)
Based on:
1. USD Indepdent Float/CAD Managed Float
2. S-Curve Currency Band
3. U-Shape Currency Band
4. U-Shape Time Series Currency Band
5. Central Banking Market Non-Sterilization
USDCAD resumed to downward from 1.2900 and will break 1.2100 (central parity align and re-align to downward).
1. USD Indepdent Float/CAD Managed Float
2. S-Curve Currency Band
3. U-Shape Currency Band
4. U-Shape Time Series Currency Band
5. Central Banking Market Non-Sterilization
USDCAD resumed to downward from 1.2900 and will break 1.2100 (central parity align and re-align to downward).
Commento:
Slow but sure.