H4 on USDCAD
A bearish outlook for USD/CAD suggests an expectation that the US Dollar (USD) is likely to weaken against the Canadian Dollar (CAD). This view could be influenced by factors such as improving economic conditions in Canada, rising commodity prices (Canada is a major exporter of commodities), or changes in market sentiment favoring the CAD.
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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.