Canadian Dollar Technical Outlook: Loonie Rally Slams USD/CAD into Support

BY admin admin

Loonie rallied more than 7% against the US Dollar since the March extremes with USD/CAD now testing support. Here are the levels that matter on the technical charts.

Leave a Comment

Leave a Reply

Your email address will not be published.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

Related Posts

Forex

Tickmill’s Investing Diva, USDCHF Daily Outlook 15-06-20

<p>USDCHF Daily Outlook – Last week we were surrounded by more negative economic outlook globally and fears of the second wave of the Coronavirus. The USD dollar did make a comeback on Fri

Forex

FX option expiries for 23 March 10am New York cut

Nothing major on the board in terms of expiries for today.As such, the focus will stay on yen pairs for the most part with USD/JPY flirting with a firm break above 121.00 so far on the session.There w

Forex

AUD/USD, GBP/AUD Analyzed as AUD Eyes a Recovery Post RBA Statement

A few positives for the Australian Dollar this morning as China lifts Barley tariffs helping AUDUSD to tick slightly higher in the Asian session. The beginning of a sustained move higher?

Copyright © 2024 | WordPress Theme: Xews Lite