Technical Trade on USDCAD
Fundamentals: Current Instability surrounding the Political Environment from the current situation with the US Elections and WE controversy may delay the price action for CAD, possibly for a bullish dollar next week.
Technicals: Currently in a downtrend. From last week I notice USDCAD rejected 1.35-1.36 levels where the price was consolidating. It was previously supported now turn resistance after it broke through.
Technicals: Currently in a downtrend. From last week I notice USDCAD rejected 1.35-1.36 levels where the price was consolidating. It was previously supported now turn resistance after it broke through.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.