Fri, 14 Jan 2022 09:23:01 GMT
USD/CAD consolidates in pattern's borders
The USD/CAD bounced off the lower trend line of the channel down pattern at mid-day on Thursday. By the middle of Friday's trading, the currency pair had made an attempt to pass resistance levels near 1.2515/1.2520 and failed at it.
In regards to the near term future, if the rate declines, it could look for support in the 1.2450