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Canadian Dollar Price Forecast: USD/CAD Finds Resistance at Key Zone
2020-12-21 16:30:00
James Stanley,
Senior Strategist
Canadian Dollar Price Forecast:
The week began with a quick shot of risk aversion on the back of Covid fears.
After a rush of USD-strength to start the week, sellers have returned. Is this week’s start with USD strength but a blip? Or a sign of trends to come?
The analysis contained in article relies on price action and chart formations. To learn more about price action or chart patterns, check out our DailyFX Education section.
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It’s been a fast start to the week as yet another twist has appeared in the continued Covid saga. A more contagious mutation in the virus has created a swell of worry across-the-world; potentially upsetting the positive shifts that have taken place since early-November when vaccine news began to ....

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