USD/CAD is ending the week strongly - TD Securities

FXstreet.com (London) - Ahead of Canadian CPI, research teams at TD Securities not that the Loonie is pressuring daily resistance at 1.0260 and above the 40-day MA.

They think the next level to focus on is 1.0300/10 weekly break-out resistance, above which they feel the prospects for a sharper rally in USD/CAD will be enhanced significantly. Intraday, the team are looking for good support on dips to the 1.0200/20 area. Overall TD Securities remain USD bullish.