USD/CAD - What to Keep in Mind

Trading Discussion Currencies
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USD/CAD has recently been ideal for those who enjoy range-trading, with the pair having oscillated between support at 1.2650 and resistance at 1.2800 for over 3 weeks now. However, factors such as oil price, inflation, and overall weakness seen in $DXY suggest that the pair should actually be trading lower.

Will we see USD/CAD pullback over the coming few days?

Check out our latest article for a deeper insight and technical analysis into this currency pair:

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Im looking at strength in the DXY too which would support this

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Same I always look to DXY when trading any US pair as it will largely dictate the movement of the currency pair.

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DXY strength/weakness will help give you directional bias for UC .
Any USD pair for that matter

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