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USDCAD Shifts Focus to the Downside After Deep Fall

USDCAD Shifts Focus to the Downside After Deep Fall
USDCAD plunged by 1.2% in the first trading day of June, sliding back below its simple moving averages (SMAs) to mark a new two-week low of 1.3417 on Friday. The fast downside correction follows the double top creation around the tough resistance of 1.3650, which raised the risk of a bearish continuation. Overall, there are barely any bullish signs in […] The post USDCAD Shifts Focus to the Downside After Deep Fall appeared first on Action Forex... Read More
Posted: Jun 2 2023, 09:12
Author Name: actionforex
Views: 092065

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