The Canadian Dollar is up greater than 0.3% in opposition to the US Dollar because the begin of the week with USD/CAD carving a w
The Canadian Dollar is up greater than 0.3% in opposition to the US Dollar because the begin of the week with USD/CAD carving a well-defined vary simply above the November lows. These are the up to date targets and invalidation ranges that matter on the USD/CAD worth charts heading into subsequent week. Review my latest Weekly Strategy Webinar for an in-depth breakdown of this gold price setup and extra.
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Canadian Greenback Value Chart – USD/CAD Every day
Chart Ready by Michael Boutros, Technical Strategist; USD/CAD on Tradingview
Technical Outlook: In my newest Canadian Greenback Value Outlook we famous that USD/CAD was, “testing slope assist into the shut of the week with the rapid quick bias in danger whereas above 1.3134/51.” Value rebounded off this zone on Friday earlier than failing on the 1.32-handle with worth setting the weekly opening-range simply above the November swing lows at 1.3115. The pivot beneath the median-line would go away the chance decrease IF worth closes at these ranges with…