USD/CAD Plunge Marks Fifth Week– NFP on Faucet
Canadian Greenback Technical Worth Outlook: USD/CAD Weekly Commerce Ranges
- Canadian Dollarup to date technical commerce ranges – Weekly Chart
- USD/CAD 5-week breakdown approaching preliminary assist hurdles – NFP / Canada Employment on faucet
- Assist targets at 1.2137/56 & 1.2048- Resistance 1.2358, bearish invalidation 1.2619
The Canadian Dollar has surged greater than 3.7% towards the US Dollar because the April highs in USD/CAD with the change charge now poised to mark a fifth consecutive weekly decline. The value breakdown takes Loonie in direction of preliminary technical hurdles into the Might open with US Non-Farm Payrolls and Canada employment knowledge on faucet. These are the up to date targets and invalidation ranges that matter on the USD/CAD weekly technical value chart. Review my latest Strategy Webinar for an in-depth breakdown of this Loonie technical setup and extra.
Canadian Greenback Worth Chart – USD/CAD Weekly
Notes: In final…