The USDCAD market is showing a bear downturn and potential for a selling wave to 1.2671 as well as potential to 1.2594. A drop through 1.2653 will foster continuation selloffs today. Any congestion under Thrsday’s range high will keep the market setup in a bear flag. Trade must post a close over 1.2850 to reverse out of the current downturn.
Last Updated Date: 11 March 2022 @ 2:58 PM (UTC)
*Please note that all the dates are in GMT time zone