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Sat, Jun 22, 2024

USD/CAD Trying to Breakout ? Going to Move up ?
1 mins well spent

1)After a lot of struggle in the USD/CAD Market, Now, USD/CAD is trying to Breakout the top level zone. 

2) Today the news report on Canada’s “Core Retail Sales and Core CPI” seems to be positive. However, there are more Big Buyers Pulling up the USD/CAD in a Technical way.

3) After the news result, USD/CAD falls down around 70 pips, but the Technical Buyers Push up the market again to a Higher level than before. it shows that, USD/CAD have more chances to Breakout the Top Level. Let’s wait and see on next week for confirmation about breakout.

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