Welcome back to Explain The Charts! Today, December 16th, we're diving deep into the USDCAD pair. We'll start by breaking down the latest news and market events impacting the Canadian dollar and the US dollar, providing crucial context for our technical analysis. Next, we'll dissect the candlestick charts, identifying key trends, support and resistance levels, and potential price reversals. This in-depth look will provide insight into both short-term and long-term trading opportunities.
The charts shown are provided by TradingView.
This video is for educational purposes only. It is not financial advice. Please do your own research before making any investment decisions.
