USDCAD Daily Analysis – September 1, 2023

USD/CAD has recently broken below the rising price channel on the 4-hour chart, indicating that the previous upside movement from 1.3092 to 1.3639 has potentially completed. Further decline in price is expected, with the next target set around the 1.3450 area. The immediate resistance level to monitor is located at 1.3545. A break above this … <a href="https://www.forexcycle.com/short-term-forex-analysis/136832-usdcad-daily-analysis-september-1-2023.html">Continue reading<span> "USDCAD Daily Analysis – September 1, 2023"</span></a>