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USD/CAD Struggles for Support

Started by PocketOption, Mar 14, 2022, 12:24 pm

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PocketOption

Mar 14, 2022, 12:24 pm
USD/CAD Struggles for Support

The Canadian dollar surged after a sharp drop in February's unemployment rate. A break above the recent peak at 1.2875 has consolidated the US dollar's lead. The RSI's repeatedly overbought condition has led to some profit-taking. As the indicator swung into the oversold area, a pullback attracted bargain hunters in the demand zone between 61.8% […]


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