Wed, 15 Dec 2021 09:47:26 GMT
USD/CAD reaches above resistance zone
Eventually, the USD/CAD pair reached above the December high level zone and the weekly R1 simple pivot point at 1.2835/1.2853. On Wednesday morning, the rate confirmed the zone as support. Meanwhile, the rate has confirmed that it is trading in a channel up pattern, which has guided the USD against the CAD since December 8.
A continuation of the surge of