The USDCAD market is signaling a short term peaking turnover and warns for selloffs back under 1.2521, possibly testing the last swing low. Trade is poised to extend selloffs the next few days. Any corrections trapped within Monday’s range will stay aligned for selloffs. A close over 1.2680 is short term bullish.
Last Updated Date: 20 April 2022 @ 7:32 AM (UTC)
*Please note that all the dates are in GMT time zone
