USD/CAD Price Outlook: Rising Support to Challenge Resistance
Summary
By sueyangfx.com August 16, 2021 at 11:09PM USD/CAD price action is edging higher to start the week as crude oil comes back under pressure. US Dollar volatility might accelerate with retail sales data and FOMC minutes on tap for release.
More On DailyFX - Market News
- US Dollar Price Action: Hawkish Powell and Potential Month-End USD Buying
- British Pound Falls, US Dollar Soars on Fed. Will Boris Johnson Issues Drag GBP/USD?
- British Pound Falls, US Dollar Soars on Fed. Will Boris Johnson Issues Drag GBP/USD?
- Gold Price Crumbles After Hawkish Fed Boosted US Dollar. Where to for XAU/USD?
- Supportive USD Fundamentals and DXY Setup Ahead of FOMC
August 16, 2021 at 11:09PM
USD/CAD price action is edging higher to start the week as crude oil comes back under pressure. US Dollar volatility might accelerate with retail sales data and FOMC minutes on tap for release.