Monday, 13 September 2021

USD/CAD Forecast: Inverse Head-and-Shoulders Pattern Takes Shape

The break above the January high (1.2881) in USD/CAD may continue to reflect a change in the broader trend as an inverse head-and-shoulders pattern takes shape.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...