The USDCAD market is short term bearish and showing potential for selloffs to 1.2565. Trade is positioned to propel selloffs to 1.2560, when broken ⇒ 1.2457. Any near term corrective rebounds should hang in the 1.2661 level to maintain bear trend forces. A close over 1.2724 (SAR) is needed to reverse back to higher levels.
Last Updated Date: 22 March 2022 @ 8:31 AM (UTC)
*Please note that all the dates are in GMT time zone