USD/CAD drops sharply as sellers dominate, testing crucial support at 1.40138. Break below could lead to further downside, while holding may spark a rebound towards 1.40417.
The dollar is moving lower in trading today and breaking some technical levels in the process. What would keep the selling going? What would shift the bias back to the upside.
A pullback to the $286–$291 range is plausible. If it does that, that range would be interesting to watch. Invest or trade V stock at your own risk only.
The NZDUSD is trading to a new low for 2024 on the day before the RBNZ rate decision. What would turn the market around after the decision? What targets would be eyed on more selling.