Daily Market Analysis 18.05.2023: USDCAD
Instrument: USDCAD Technical Analysis Bullish Preference: buy position is envisaged if price trades above 1.34747 with take profit at 1.34962. Bearish Preference: sell position is envisaged if price trades below 1.34565 with take profit at 1.34409. Fundamentals:1:30 pm USD Unemployment Claims4:00 pm CAD BOC Gov Macklem Speaks Comment: The Canadian dollar is set to rally over the coming year, after …