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USDCAD on free fall as markets reassess Fed decision

Corto
Dólar estadounidense/Dólar canadiense (OANDA:USDCAD)  
ScopeMarkets  
OANDA:USDCAD   Dólar estadounidense/Dólar canadiense
Chart Patterns Fundamental Analysis Trend Analysis
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chartpattern fundamental trendanalysis
USDCAD has reached new lows as investors reconsider the Fed's monetary policy decision in light of Friday's disappointing NFP report. The latest jobs report dealt a blow to the US dollar by falling below analysts' expectations, which increased the likelihood of the Fed toning down its hawkish rhetoric.
USDCAD is now exposed as intense selling pressure could see its price hit 1.3583 support which could invite some bids

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