The USDCAD market still retains a short term bear trend bias. However, minor recovery action has lifted the market against key 1.2787 resistance. A close over 1.2756 is needed to secure a short term reversing / bottoming turn, likely sparking a climb to 1.2796. A close under 1.2650 is bearish.
Last Updated Date: 8 February 2022 @ 8:26 AM (UTC)
*Please note that all the dates are in GMT time zone
