Fed under fire — USDCAD tumbles amid policy chaos
USDCAD is falling sharply, with the pair trading at 1.3791. Full breakdown in our forecast for 21 April 2025.
USDCAD technical analysis
USDCAD is breaking lower after falling through the 1.3825 support level. Today’s outlook anticipates a short-lived corrective pullback toward the upper boundary of the descending channel, followed by a move down toward 1.3735.
The outlook for USDCAD remains bearish as political instability in the US and tariff uncertainty continue to erode confidence in the dollar.
Read more - USDCAD Forecast
Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.
Sincerely,
The RoboForex Team
USDCAD is falling sharply, with the pair trading at 1.3791. Full breakdown in our forecast for 21 April 2025.
USDCAD technical analysis
USDCAD is breaking lower after falling through the 1.3825 support level. Today’s outlook anticipates a short-lived corrective pullback toward the upper boundary of the descending channel, followed by a move down toward 1.3735.
The outlook for USDCAD remains bearish as political instability in the US and tariff uncertainty continue to erode confidence in the dollar.
Read more - USDCAD Forecast
Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.
Sincerely,
The RoboForex Team