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Today, the
USDCAD pair is in an interesting phase. After a strong rally, the price has corrected and, at the time of writing, the pair is trading around 1.385, finding support from the area marked on the chart.
Recently, the news of U.S. President Donald Trump firing Fed Governor Lisa Cook has put light selling pressure on the Loonie. This event could strengthen the USD against the CAD as the market concerns the stability of U.S. politics and Fed policies, leading to a short-term bullish trend for USDCAD.
Keep an eye on the key levels to look for suitable trading opportunities.
Today, the
USDCAD pair is in an interesting phase. After a strong rally, the price has corrected and, at the time of writing, the pair is trading around 1.385, finding support from the area marked on the chart.Recently, the news of U.S. President Donald Trump firing Fed Governor Lisa Cook has put light selling pressure on the Loonie. This event could strengthen the USD against the CAD as the market concerns the stability of U.S. politics and Fed policies, leading to a short-term bullish trend for USDCAD.
Keep an eye on the key levels to look for suitable trading opportunities.
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✅ Receive 7–10 high-quality signals daily for Forex, Gold, and Bitcoin
✅ Fast updates, accurate alerts
✅ Suitable for both beginners and experienced traders
👉 Join now by clicking this link:
t.me/+6v7LMJO7cI04Nzg1
✅ Fast updates, accurate alerts
✅ Suitable for both beginners and experienced traders
👉 Join now by clicking this link:
t.me/+6v7LMJO7cI04Nzg1
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.