Welcome back to Explain The Charts! Today, December 17th, we're diving deep into the USDCAD pair. Recent news highlights a Canadian political crisis and mixed US Retail Sales data, potentially influencing the USDCAD's trajectory. We'll analyze the daily, hourly, and 15-minute charts, identifying key trends, support and resistance levels, and potential price reversals. Let's uncover the bullish and bearish arguments and determine the best short-term and long-term trading strategies for USDCAD.
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.
