USDCAD Weekly Analysis – July 8, 2023
The USDCAD currency pair has been entrenched in a long-term downtrend, originating from 1.3977. This downtrend suggests the likelihood of further declines in the coming weeks. Traders with a bearish outlook anticipate the next target to be at 1.2900, followed by 1.2700. These levels may act as significant psychological and technical support points, potentially influencing … Continue reading "USDCAD Weekly Analysis – July 8, 2023"
The USDCAD currency pair has been entrenched in a long-term downtrend, originating from 1.3977. This downtrend suggests the likelihood of further declines in the coming weeks. Traders with a bearish outlook anticipate the next target to be at 1.2900, followed by 1.2700. These levels may act as significant psychological and technical support points, potentially influencing … Continue reading "USDCAD Weekly Analysis – July 8, 2023"
