USDCAD Forecast: Disappointing Data Put CAD under bearish pressure
Latest disappointing data put Canadian Dollar under bearish pressure.
BoC may not be as hawkish as FED this year.
1.26200 is an important support. The bullish move will continue as long as the price holds above 1.26200.
Head And Shoulders Pattern on the H4 Chart.
USDCAD is likely to test 1.27000 and 1.28400 midterm.
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