Mar. 23, 2023
US Dollar-Canadian Dollar is down to 1.3715, after ending yesterday at 1.373. Overall, a 0.11% loss or 14 pips today.
Japanese candlestick formations show a "hammer” chart pattern. When appearing during a bearish trend, as it is now, it is typically considered to be an indication of a trend reversal.
In the meantime, negative performances are seen in other pairs, after ending yesterday's session at 142.7, EUR/JPY lost 113 pips and is trading around 141.56. EUR/NZD closed at 1.7326 (down 0.71%). USD/JPY is down to 130.54, losing 84 pips, after closing at 131.38 in the preceding trading session.