Daily Market Analysis 31.05.2022: USDCAD
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.26944 with take profit at 1.27123 Bearish Preference: Sell position is envisaged if price trades below 1.26288 with take profit at 1.25959 Fundamentals:3 PM CB Consumer Confidence Comment: The Canadian dollar rose to its highest level in more than five-weeks against the greenback on Monday, as …