Canadian Greenback Worth Outlook: USD/CAD Breakout Testing Resistance

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Canadian Greenback Worth Outlook: USD/CAD Breakout Testing Resistance

Canadian Greenback Technical Worth Outlook: Close to-term Commerce RangesCanadian Dollar up to date technical commerce ranges – E


Canadian Greenback Technical Worth Outlook: Close to-term Commerce Ranges

  • Canadian Dollar up to date technical commerce ranges – Every day & Intraday Charts
  • USD/CAD value breakout testing technical confluence resistance zone
  • Deal with shut with respect to 1.3330/35 zone – constructive whereas above 1.3230

The Canadian Dollar plummeted greater than 2.7% towards the US Dollar because the January lows in USD/CAD with the latest value breakout now testing confluence resistance early within the week. We’re searching for a response in value up right here with the broader long-bias weak whereas under this threshold. These are the up to date targets and invalidation ranges that matter on the USD/CAD value charts heading into the Fed. Review my latest Weekly Strategy Webinar for an in-depth breakdown of this Loonie commerce setup and extra.

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