USDCAD Weekly Analysis – July 8, 2023

The USDCAD currency pair has been entrenched in a long-term downtrend, originating from 1.3977. This downtrend suggests the likelihood of further declines in the coming weeks. Traders with a bearish outlook anticipate the next target to be at 1.2900, followed by 1.2700. These levels may act as significant psychological and technical support points, potentially influencing … <a href="https://www.forexcycle.com/long-term-forex-analysis/136093-usdcad-weekly-analysis-july-8-2023.html">Continue reading<span> "USDCAD Weekly Analysis – July 8, 2023"</span></a>