Daily Market Analysis 04.08.2022: USDCAD
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.28550 with take profit at 1.28623 Bearish Preference: Sell position is envisaged if price trades below 1.28295 with take profit at 1.28198 Fundamentals:1:30PM USD Unemployment Claims5:00PM USD FOMC Member Mester Speaks Comment: USD/CAD rose 0.1% to 1.3127, with the greenback regaining its poise after the Bank of Canada went all …