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USD/CAD Struggles for Support

Started by PocketOption, Feb 17, 2022, 02:08 pm

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PocketOption

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USD/CAD Struggles for Support

Feb 17, 2022, 02:08 pm

USD/CAD Struggles for Support

The Canadian dollar rose after January's CPI exceeded expectations. The recent triple top near 1.2800 at the origin of the January sell-off is a sign of strong bearish pressure. A combination of profit-taking and new selling means that sentiment is yet to make a decisive turnaround. The bulls will need to push past this major […]

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