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A four-week plunge in USD/CAD takes price into a critical inflection zone heading into the weekly clos. The levels that matter on the Canadian Dollar technical charts.
The Canadian Dollar has carved a well-defined weekly opening-range just above a key inflection zone. The levels that matter on the USD/CAD technical charts.
The Canadian Dollar rally has stalled with USD/CAD in consolidation just above critical technical support. Here are the levels that matter on the Loonie charts.
The Canadian Dollar rally has stalled with USD/CAD in consolidation just above critical technical support. Here are the levels that matter on the Loonie charts.
Canadian Dollar Outlook: USD/CAD May Plunge- Loonie Breakout Levels 2021-05-10 17:30:00 Michael Boutros, Strategist Canadian Dollar Technical Price Outlook: Near-term Trade Levels Canadian Dollar updated technical trade levels – Daily & Intraday Charts USD/CAD plummets to fresh multi-year lows / bears eye first major support hurdle Key near-term support into 1.2056 – resistance / near-term bearish invalidation 1.2247 The Canadian Dollar has rallied more than 1.6% against the US Dollar since the start of the month with a breakdown in USD/CAD taking price to fresh multi-year lows. While th...