Daily Market Analysis 29.05.2023: USDCAD
Instrument: USDCAD Technical Analysis Bullish Preference: A buy position is envisaged if the price trades above 1.36017 with take profit at 1.36176. Bearish Preference: A sell position is envisaged if the price trades below 1.35804 with take profit at 1.35688. Fundamentals:None with High Impact Comment: Provided that CAD is a petrochemical currency, Oil prices dropped on Monday, paring back earlier …