USDCAD Daily Analysis – July 20, 2023

USDCAD has encountered selling pressure, breaking below the crucial 1.3160 support level. This suggests that the short-term uptrend from 1.3092 has completed at 1.3242, and the pair may experience further declines in the coming days. Further Decline Expected: As the price action indicates, USDCAD is likely to face further downward movement. Traders are eyeing the … <a href="https://www.forexcycle.com/short-term-forex-analysis/136290-usdcad-daily-analysis-july-20-2023.html">Continue reading<span> "USDCAD Daily Analysis – July 20, 2023"</span></a>