USDCAD ticks below the new year low

The low for 2021 was at 1.24673

The USDCAD has ticked to new year lows at 1.24673. The low price just reached 1.24652. The pair is now trading at the lowest level going back to February 16, 2018 when the price reached 1.24496. That is the next target on the downside to get to and through.

The low for 2021 was at 1.24673
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By Jonathan Prop

Jonathan Prop is an independent financial advisor. He has been working in finance for the last 20 years. After retiring early in his 40s, Jonathan decided to help others get to grip with financial markets, particularly his area of expertise - forex!

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