USDCAD Daily Analysis – June 29, 2023

The USDCAD pair has recently witnessed a significant breakthrough, as it managed to break above both the falling trend line and the key resistance level at 1.3269. This breakout suggests a potential shift in market dynamics, indicating that the previous downward movement from 1.3654 to 1.3116 has potentially concluded. With the breakout in play, market … Continue reading "USDCAD Daily Analysis – June 29, 2023"

USDCAD Daily Analysis – June 29, 2023
The USDCAD pair has recently witnessed a significant breakthrough, as it managed to break above both the falling trend line and the key resistance level at 1.3269. This breakout suggests a potential shift in market dynamics, indicating that the previous downward movement from 1.3654 to 1.3116 has potentially concluded. With the breakout in play, market … Continue reading "USDCAD Daily Analysis – June 29, 2023"