Canadian Dollar US Dollar Analysis Personal Comment:
The USD bullish structure inside the bullish channel stopped at 1.35421 and contacted the bottom of the bullish channel. The first possibility is that due to the decrease in demand for the US dollar, we will see a resumption of the downward trend in the market.
The USD bullish structure inside the bullish channel stopped at 1.35421 and contacted the bottom of the bullish channel. The first possibility is that due to the decrease in demand for the US dollar, we will see a resumption of the downward trend in the market.
Trade closed: target reached:
1.34597
Comment:
According to the trends of the US dollar to the Canadian dollar, the perspective of the currency pair in the short term is bullish and short corrective (downward) movements are risky.
