USD / CAD – Slips To 3-Year Low, Bears Target Lower 21-Month Bolli Near 1.22

USD / CAD hits new 2021 low at 1.2252;  Wed range 1.2310-1.2252

Yellen: sees no inflation problem after rate hike comments

Pair eyes Jan 2018 monthly low at 1.2250, then Iwr 21-d Bolli 1.2222

CAD remains firm on diverging US-CA growth view;  aided by BoC taper

Below Iwr 21-d Bolli & 21-m Bolli (1,2008) Sept 2017 low 1.2063 targeted

USD bear in control, bulls need a rise above 10-DMA at 1.2351 to temper fall

USD bulls need to regain 55  -DMA by 1.2532 to regain momentum

Source:https://plus.efxdata.com/news/insights

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