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Intraday Analysis – CAD bounces back

Intraday Analysis – CAD bounces back
USDCAD gives up gains The Canadian dollar recouped losses after November’s GDP beat expectations. On the daily chart, the pair is still in a flag consolidation. A break above the previous resistance of 1.3400 eased some pressure but was not enough to clear the supply zone between 1.3470 and 1.3500. A sharp reversal below 1.3380 […] The post Intraday Analysis – CAD bounces back appeared first on Orbex Forex Trading Blog... Read More
Posted: Feb 1 2023, 07:38
Author Name: orbex
Views: 092068

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