Daily Market Analysis 01/10/2021: USDCAD
Instrument: USDCAD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1.27453 with take profit at 1.27603. Bearish Preference: A Sell position is envisaged if price trades below price 1.26850 with take profit at 1.26720. Fundamentals:1:30pm CAD GDPUSD Core PCE Price Index m/m3:00pm USD ISM Manufacturing PMI Comment: The loonie gained some traction on the back …