Daily Market Analysis 21.01.2022: USDCAD
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.25381 with take profit at 1.25557. Bearish Preference: Sell position is envisaged if price trades below 1.25043 with take profit at 1.24914. Fundamentals:2:30 PM CAD – Core retail salesCAD – Retail sales Comment: The USD/CAD pair maintained its bid tone heading into the European session …