Daily Market Analysis 04.04.2022: USDCAD
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.24976 with take profit at 1.25018 Bearish Preference: Sell position is envisaged if price trades below 1.24896 with take profit at 1.24800 Fundamentals:No major Fundamental. Comment: Amid heightened geopolitical and fundamental risks, the safe-haven appeal of the US Dollar and the hawkish rhetoric of the Federal Reserve …