Overall the USDCAD market remains in the bear trend and still within the framework of sideways lower flagging congestion. Corrections that stall against 1.2895 keeps the trend bias down. A close under 1.2777 would open up a downturn for a larger bear wave to 1.2720 - 1.2650. A close over 1.2925 reverses out of the downturn.
Last Updated Date: 20 May 2022 @ 11:42 AM (UTC)
*Please note that all the dates are in GMT time zone
