Daily Market Analysis 08.04.2022: USDCAD

USDCAD Analysis

Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.26183 with take profit at 1.26302. Bearish Preference: Sell position is envisaged if price trades below 1.25722 with take profit at 1.25584   Fundamentals:1:30pm CAD Employment ChangeCAD Unemployment Rate Comment: The USD/CAD pair scaled higher for the third successive day on Thursday and built on its solid recovery …

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