Daily Market Analysis 10/12/2021: USDCAD
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades 1.27420 above with take profit at 1.27588. Bearish Preference: Sell position is envisaged if price trades below 1.26854 with take profit at 1.26686. Fundamentals:2:30pm USD CPI m/mUSD Core CPI m/m Comment: USD/CAD pares intraday losses amid a sluggish European morning on Friday. Alike other major currency …