I think price will be able to push to the 1.35 lvl as time goes on. The UK is struggling to keep its economy afloat while simultaneously the BOE is attempting to fight inflation. One or the other needs to happen and a soft landing is not going to happen, especially with double digit inflation. Canada's economy I think will be able to resist a recession. It may...
This market is very scary and is not for everybody. Please trade at your own risk. think long term and only use money your okay on lossing... I've been into crypto since the 20K crash and this is very very exciting, don't watch the news, just watch the charts and zoom out. Happy profit everybody and good luck
The monthly chart of the Canadian Dollar futures (continuous: current month) shows a giant head-and-shoulders with resistance at the 60-month moving average (low).