Wednesday, 21 June 2023

Canadian Dollar Outlook: USD/CAD in Freefall after Double Top Confirmation Signal

USD/CAD extends its recent sell-off and challenges trendline support near 1.3150 after validating a bearish double-top pattern late last week.

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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...