Daily Market Analysis 04.02.2022: USDCAD
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.27018 with take profit at 1.27136. Bearish Preference: Sell position is envisaged if price trades below 1.26753 with take profit at 1.26635. Fundamentals:2:30pm CAD Employment ChangeCAD Unemployment Rate Comment: The dollar was nearly unchanged versus the loonie, dropping sharply against most major currencies. The 10-year yield …