USD/CAD Price Analysis: Bears ready to pounce depending on the Fed USDCAD Technical Analysis
USD/CAD bears chipped away at the 1.3305 structure before bulls moved in to test bears at the 1.3350s.
bulls have moved in to test the critical resistance area near the 1.3350s ahead of the Federal Reserve's interest rate decision. but anything to the contrary would likely see 1.3300 come under pressure with the price already jammed in on the front side of the bearish trendline following a failed breakout. It was stated, that with the breakout failure, the bears remained in control.
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