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U.S. Dollar / Canadian Dollar
Dec 19, 2024
USDCAD Targets, Fall Lower On Further Profit Takes?
2
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Grab this chart
Initial Dollar strength has waned post FED boost yesterday.
Lesser cut bets mean more feeding into USD.
BOC seemingly happy to ease, causing persistent weakness.
I would use the first exit target (south) for shorts. Sentiment case longer term still remains heavy USD.
WillSebastian
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WillSebastian
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Free Pro Multi Asset Trading Guide:
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Posts Not financial advice.
Also on:
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