The USD/CAD pair remains bullish despite the current drop. A strong consolidation could bring new long opportunities. Only a new lower low could activate a bearish reversal. The USD/CAD price is trading in the red at 1.2994 at the time of writing. After its strong rally, the pair found a strong supply, so a temporary … Continued
The post USD/CAD Price Rally Paused at 1.3076, Correcting Before Data appeared first on Forex Crunch.
Latest posts by Forex Crunch (see all)
- EUR/USD Forecast: Bears Dominating Ahead of ECB Lagarde’s Speech - June 29, 2022
- GBP/USD Outlook: Aiming at 1.1950 Amid Economic, Political Uncertainty - June 29, 2022
- EUR/USD Price Rally Paused at 1.0601, Downside Risk Prevails - June 28, 2022