Home About the company Daily reviews USDCAD technical analysis 02.03.2020

USDCAD technical analysis 02.03.2020

02.03.2020

Market Review

The drop in panic due to fewer new coronavirus cases in China, as well as the expected stronger support of the national economy by the People's Bank of China, led to an increase in demand for risk assets and crude oil. If this sentiment remains, the pair will continue its local decline.


Trading recommendations:
If the pair stays below 1.3345 and fixes below it, it will continue to drop to 1.3270.

Author: admin
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