Canadian Greenback Technical Value Outlook: Close to-term Commerce RangesCanadian Dollar up to date technical commerce ranges – E
Canadian Greenback Technical Value Outlook: Close to-term Commerce Ranges
- Canadian Dollar up to date technical commerce ranges – Each day & Intraday Charts
- USD/CAD breakout focusing on multi-year downtrend resistance
- Lengthy-bias in danger heading into the 1.34-handle
The Canadian Dollar is again on the defensive in opposition to the US Dollar this week with a breakout in USD/CAD taking value again in direction of the October highs. Whereas the near-term focus stays greater, the advance is now approaching multi-year down-trend resistance and the rapid advance could also be weak heading into the 1.34-handle. These are the up to date targets and invalidation ranges that matter on the USD/CAD value charts. Review my latest Weekly Strategy Webinar for an in-depth breakdown of this Loonie commerce setup and extra.
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