Daily Market Analysis 10/08/2021: USDCAD
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.25710 with take profit at 1.25880. Bearish Preference: Sell position is envisaged if price trades below 1.25522 with take profit at 1.25352. Fundamentals:No Major Fundamental Comment: Strong gains in Treasury yields and a drop in commodity prices helped buoy the greenback. U.S. Treasury yields moved higher following …