USDCAD Daily Analysis – Friday, Sept. 7


USDCAD dropped sharply from 1.3226, suggesting that the upside movement from 1.2887 had completed.

Deeper decline would likely be seen and next target would be at 1.3000 area.

Resistance is at 1.3226, only a break of this level could trigger another rise towards 1.3350.

USDCAD 4-hour chart

Reviews

  • Total Score 0%
User rating: 0.00% ( 0
votes )



Leave a Reply

Your email address will not be published. Required fields are marked *