USDCAD Outlook Builds on Bullish View As Fed Rhetoric Feeds Rate Forecasts
November 21, 2022 at 18:34 PM EST
USD/CAD is returning to the former ‘neckline’ of a six-week head-and-shoulders pattern at 1.3500 after an extended consolidation above support at the 38.2% Fib of the 2021-2022 range.