FXPRO Telegram 10521
Signs of a USDCAD Reversal

The Canadian dollar may be consolidating a corrective pullback from multi-year highs.

The USDCAD pair, which approached 1.45 in mid-December, is ending the year near 1.4350. The momentum of the last few days looks like a trend reversal, as there have been two unsuccessful attempts to storm the highs.

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Signs of a USDCAD Reversal

The Canadian dollar may be consolidating a corrective pullback from multi-year highs.

The USDCAD pair, which approached 1.45 in mid-December, is ending the year near 1.4350. The momentum of the last few days looks like a trend reversal, as there have been two unsuccessful attempts to storm the highs.

——————
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