Thu, 21 Apr 2022 11:28:06 GMT
USD/CAD drops below 1.2500
On Wednesday, the USD/CAD passed below the 1.2500 mark. During the early hours of Thursday's trading, the pair found support in the 1.2460 level. By the middle of the day, the rate fluctuated between the 1.2460 and 1.2500 levels.
If the pair recovers above the 1.2500 mark, the weekly S1 simple pivot point at 1.2527 might act as resistance. Higher above,