A technical look at the USDCAD heading into the week starting October 9, 2023

Technical Analysis

In this video, I outline the risks and targets in the USDCAD as we work toward the close for the current week, and the look ahead to the new trading week starting October 9, 2023.

What is the bias? What are the targets? What is the risk? What did the price action today and this week tell us technically about the price action going forward?

USDCAD needs to get below the 38.2% retracement

Articles You May Like

Breaking: US S&P Manufacturing PMI improves to 48.8 in November, Composite PMI rises to 55.3
7 stocks with solid quarterly performance, yet down 25% in recent slump
Palo Alto Networks beat and raise fails to wow Wall Street. But that plays into our hand
Trump aims to revive the Keystone XL pipeline (politics report)
Australian Dollar extends gains as US Dollar continues downward correction

Leave a Reply

Your email address will not be published. Required fields are marked *