USD/CAD Price Analysis: Bulls move in at key demand area USDCAD Technical Analysis
Bears need a break of 1.3300 and the solid demand area.
in contrast with the fundamentals considering the prospects of a phase of accumulation as per the following analysis:The bulls are moving in although the price remains on the front side of the bearish trendline. A break of the resistance, both horizontal and dynamic, will open risks of a move beyond 1.3370 and toward prior support around 1.34 the figure. However, there is work to do for the bulls and failures below the resistance leave 1.3300 vulnerable for next week.
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