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USDCAD stays outside the RED BOX, but waffles above a downside target

The USDCAD finally made a run to the downside and away from the RED BOX that and confined the pair going back to September 27 (see chart above).

The pair waffled above and below the low of that red box over 3 trading days until breaking to the downside yesterday. The low price for the day reached a somewhat modest target at 1.34078 area. The leve... Read More

Posted: Nov 9 2022, 14:29
Author Name: forexlive
Views: 102227

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