The currency pair of the US dollar with the Canadian dollar is still in a strong downward trend. Today we expect the announcement of macroeconomic data for the US, which analysts forecast as hawks. This situation may lead to the strengthening of the US dollar against the CAD. We see the first defense signal at the level of support which kept the price, but we will have a clearer picture of the situation after the entry of European capital. Maybe we’ll even build our right arm.
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2021-03-03