USD/CAD | US Dollar to Canadian Dollar Trading Analysis

USD/CAD | US Dollar to Canadian Dollar Trading Analysis

Written by: PaxForex analytics dept - Tuesday, 14 April 2020 0 comments

The USD/CAD is being traded at 1.3861 and keeps moving within the correction and descending channel. The pair is being traded below the lower boundary of the Ichimoku Kinko Hyo Cloud. This indicates that the US Dollar Canadian Dollar is in a bearish trend.

USD/CAD, 30 min

Pivot: 1.3873