Daily Market Analysis 13/12/2021: USDCAD
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.27604 with take profit at 1.27789. Bearish Preference: Sell position is envisaged if price trades below 1.27299 with take profit at 1.27128. Fundamentals:No major fundamental Comment: USD/CAD has soared since late October amid weak oil prices and broad-based U.S. dollar strength, triggered by rising yields on …