USD pairs are still on hold for a clear direction. Early Tuesday intraday trading indicates continued weakness, but there are strong support/resistance levels ahead. The next couple of days will be critical for the determination of a clear direction.
The USD/CAD has been range bounded for a few days. Overall sentiment on the USD/CAD remain Bearish. The USD/CAD is currently completing a corrective move, so look out for a sharp Short opportunity.
Best
Sardar Uddin
TradeCuts
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