USDCAD Analysis – September 21, 2023

USDCAD has broken above the falling trend line on the 4-hour chart, indicating a potential shift in the market sentiment. This breakout suggests that a corrective consolidation phase for the previous downtrend from 1.3694 is currently in progress. Based on this breakout, there is a likelihood of further rally in the pair in the coming &#8230; <a href="https://www.forexcycle.com/short-term-forex-analysis/137022-usdcad-analysis-september-21-2023.html">Continue reading<span> "USDCAD Analysis &#8211; September 21, 2023"</span></a>