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USD/CAD Technical Analysis

USD/CAD Technical Analysis

On the daily chart below, we can see a possible descending triangle with the base at 1.3225. The price can break out on either side, so the fundamentals will help with deciding which way to go. As can be seen in other major pairs, there’s a lot of uncertainty in the market causing some ranging price action.

On one hand we have those that see inflation falling with the global economy remaining resilient and... Read More

Posted: Feb 14 2023, 13:31
Author Name: forexlive
Views: 103112

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