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FTUKcom
Jun 24, 2021 8:46 PM

The dollar was choppy today... Long

U.S. Dollar/Canadian DollarFXCM

Description

The dollar was choppy today and started the day lower but remains sub 92.00, whilst holding above the 91.60 support level in wake of a weak initial jobless claims print yet again this week at 411k, a similar pace to last week. CAD was a underperformer despite a partial recovery in Canadian manufacturing sales and failed to benefit from a later recovery bid in oil prices, with USD/CAD rising a fair bit into the 4pm BST London fix.

For now, further upside to be expected on USD/CAD heading into tomorrows session.
Comments
matthewdowds
i had the same idea but. it happens
YMGroup
Thank you for your insight.
AtlasTrades
Good idea, agree!
TRADiNG_hub
High Probability Trade Setup 😋
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