In this video update, we take a look at USDCAD and how the market could continue to push higher towards the key resistance.
The weekly chart formed a strong bullish close off the key 1.3300 demand zone and with the Bank of Canada stalling their outlooks on growth
we could see the Canadian Dollar weakness continue. The 4hr chart is forming higher highs and higher lows with the previous structure lows
offering an ideal area for long opportunities.
The weekly chart formed a strong bullish close off the key 1.3300 demand zone and with the Bank of Canada stalling their outlooks on growth
we could see the Canadian Dollar weakness continue. The 4hr chart is forming higher highs and higher lows with the previous structure lows
offering an ideal area for long opportunities.