Daily Market Analysis 04.05.2023: USDCAD
Instrument: USDCAD+ Technical Analysis Bullish Preference: A buy position is envisaged if the price trades above 1.36221 with take profit at 1.36345 Bearish Preference: A sell position is envisaged if the price trades below 1.36047 with take profit at 1.35883. Fundamentals:1:30pm- USD Unemployment Claims5:50pm- CAD- BOC Gov Macklem Speaks Comment: The Fed on Wednesday raised its benchmark overnight interest rate by …