USDCAD Daily Analysis – June 26, 2023
The USDCAD currency pair has been experiencing a prolonged downtrend from 1.3654, and the recent price action from 1.3138 indicates a period of consolidation for the ongoing downtrend. As long as the price remains below the falling trend line on the 4-hour chart, the bias is tilted towards a resumption of the downward move. Traders … Continue reading "USDCAD Daily Analysis – June 26, 2023"
The USDCAD currency pair has been experiencing a prolonged downtrend from 1.3654, and the recent price action from 1.3138 indicates a period of consolidation for the ongoing downtrend. As long as the price remains below the falling trend line on the 4-hour chart, the bias is tilted towards a resumption of the downward move. Traders … Continue reading "USDCAD Daily Analysis – June 26, 2023"
