- USDCAD is currently moving sideways as traders await the outcome of OPEC Meeting and CAD Unemployment rate today
- The pair has a bearish movement on 7 April but somehow recovered yesterday on 8 April
- The price has failed to break it's lower support zone around 1.4000 twice
- If the price breaks the upper trendline I would prefer to go long on this pair, whereas if it breaks lower I would like to go short.
- The pair has a bearish movement on 7 April but somehow recovered yesterday on 8 April
- The price has failed to break it's lower support zone around 1.4000 twice
- If the price breaks the upper trendline I would prefer to go long on this pair, whereas if it breaks lower I would like to go short.