USD/CAD is testing a critical confluence level at 1.3728, a key resistance area. The pair’s rise is primarily driven by a resurgent US Dollar and stronger-than-expected US economic data. Key catalysts to watch are the upcoming Canadian Q4 GDP and US PPI data on Friday, as well as Oil price movements. The loonie has continued […]
The post USD/CAD Flirts With Key Confluence Level. Can Bulls Keep Up Gains Beyond 1.3728 Handle? appeared first on ActionForex.
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