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Tuesday, March 28, 2023

Technical: Canadian Dollar short-term outlook: USD/CAD teases the break

Forex Factory
 
 
Alert Alert Mar 29, 2023, 1:11am
 
Technical: Canadian Dollar short-term outlook: USD/CAD teases the break
The Canadian Dollar rallied more than 1.6% against the US Dollar since the yearly highs in USD/CAD with price now testing a support at a key pivot zone. Risk for possible price inflection here with the broader outlook still constructive while above 1.3471. These are the updated targets and invalidation levels that matter on the USD/CAD short-term technical ...
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