The USDCAD market posture is negative. The slide back through 1.2812 reversal leaves trade positioned to continue attacking under 1.2779. A close under 1.2779 projects to 1.2688. Any near term rebounds will find resistance at 1.2981. A close over 1.3023 (SAR) is needed to recapture bottoming / bullish trade action.
Last Updated Date: 17 May 2022 @ 9:14 AM (UTC)
*Please note that all the dates are in GMT time zone
