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USD/CAD Price Crashes Below 1.2500 as USD Retreat Continues

Started by forex4you, Apr 20, 2022, 08:42 pm

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Apr 20, 2022, 08:42 pm
USD/CAD Price Crashes Below 1.2500 as USD Retreat Continues

The USD/CAD pair drops as the Dollar Index plunged in the short term. A sell-off was expected after registering false breakouts above the triangle's resistance. A temporary rebound could bring new short opportunities. The USD/CAD price drops like a rock after the Canadian inflation figures. The USD depreciated versus its rivals as the Dollar Index … Continued


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