Sunday, 11 June 2023

Intraday Analysis – CAD probes key resistance

USDCAD struggles to bounce The Canadian dollar rallied after May’s unemployment rate came out lower than expected. The major floor of 1.3310 from the daily chart has attracted some bargain hunters but may not be enough to turn the cautious mood around. A bearish breakout would force buyers to bail out and trigger a correction […] The post Intraday Analysis – CAD probes key resistance appeared first on Orbex Forex Trading Blog.
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