USD/CAD | US Dollar to Canadian Dollar Trading Analysis
USD/CAD | US Dollar to Canadian Dollar Trading Analysis
Written by: PaxForex analytics dept - Friday, 24 April 2020 0 comments
On the daily chart USD/CAD is traded above the major SMAs, which indicates the overall bullish bias of the pair. However, the pair is consolidating after the strong growth in March. Rising oil prices and falling USD stimulate the CAD.
USD/CAD, 30 min
Pivot: 1.4069