VIDEO ANALYSIS: USDCAD CONSOLIDATING
In this video update, we take a look at USDCAD is the market consolidates at the key support zone.
If the FOMC seem dovish towards the rate of which they move interest rates we could see a break of
the 1.3300 demand zone and continuation lower. However, if price forms a higher high we could
anticipate that prices will move towards the key 1.3440 level.
If the FOMC seem dovish towards the rate of which they move interest rates we could see a break of
the 1.3300 demand zone and continuation lower. However, if price forms a higher high we could
anticipate that prices will move towards the key 1.3440 level.