USD/CAD Analysis

Updated
USDCAD bounces from yesterday’s lows. The pair is on the rise as the dollar index holds on to its gains from yesterday and pushes higher. Investors are looking at a stronger dollar going into tomorrow's CPI news. UC came down to a double bottom on the 1D timeframe as price rejected the lows on yesterday's candle.

We have a good and clear technical set up with fundamentals on our way heading to highly probable trade.
Trade closed manually
CPIDXYFundamental AnalysisTrend AnalysisUSDCADusdcadlongDJ FXCM Index

Also on:

Related publications

Disclaimer