USDCAD Daily Analysis – June 21, 2023

The USDCAD currency pair has been exhibiting a downtrend from the 1.3654 level, with a recent bounce observed from the low of 1.3177. This rebound is likely a period of consolidation within the prevailing downtrend. Currently, the price remains below a falling trend line on the 4-hour chart, reaffirming the downtrend. As long as the … Continue reading "USDCAD Daily Analysis – June 21, 2023"

USDCAD Daily Analysis – June 21, 2023
The USDCAD currency pair has been exhibiting a downtrend from the 1.3654 level, with a recent bounce observed from the low of 1.3177. This rebound is likely a period of consolidation within the prevailing downtrend. Currently, the price remains below a falling trend line on the 4-hour chart, reaffirming the downtrend. As long as the … Continue reading "USDCAD Daily Analysis – June 21, 2023"