Well, After a long price consolidation, it made a short sharp move to the upside breaking the lower structures, price still made a sharper move to the upside breaking possible rejection to the downside.
Based on the fundamental factors , Dollar is still firm than the CAD despite the BOC decisions and meeting.
The Russia/Ukraine crisis impact is still uncertain to both economies.
Thus my view is the price make more upside structures.
Based on the fundamental factors , Dollar is still firm than the CAD despite the BOC decisions and meeting.
The Russia/Ukraine crisis impact is still uncertain to both economies.
Thus my view is the price make more upside structures.