USDCAD Weekly Forecast Overnight Rate | 4th June 2023Fundamental Backdrop
Overnight Rate on Wednesday is expected to maintain at 4.50%
Technical Confluences
Resistance level at 1.36374
Support level at 1.33166
Idea
If the Overnight Rate maintains at 4.50% as expected, we could see the price drop towards the support level at 1.33166.
However, if the Overnight Rate increases, we could see the price rise towards the resistance at 1.36374.
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