USDCAD wipes out the 'holiday' losses

Discussion in 'Technical Analysis' started by ForexLive, Jul 5, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    USD/CAD fell on July 1 and July 4 holidays USD/CAD is trading almost precisely where it closed the day on June 30. It's taken a 110 pip, one-way rally to get there but all that's happened is that the pair has unwound declines on July 1 (a holiday in Canada) and July 4 (a holiday in the USA).

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