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Forex News USD/CAD

4.50 star(s) 4 Votes
It's back above 1.3300, the pair is clearly very unstable at the moment, I recommend caution when trading it.
 
USD/CAD remains undecided. Let's see whether the sideways consolidation will last until the end of the week.
 
USD/CAD pulled back from 1.3340 after forming a hanging man candlestick at that level on the daily time-frame. Next target is likely at 1.3200.
 
It found support at 1.3190 and it looks like the pair will begin a sideways consolidation between that support and 1.3340.
 

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