USD CAD Forecast and Analysis: Canada and US Jobs Data Preview

check in-depth analysis here https://forexezy.com/usdcad-price-forecast-ahead-of-canada-and-us-jobs-data



In December, the FOMC decided to abandon its previous remarks that the inflation surge is transitory.

The committee decided to accelerate their actions to slow inflation.
In January, February, and March, the bank will also slash these purchases by $30 billion each month respectively. As a result, the Fed these is projected to end asset purchases and injecting liquidity into the markets in March.

Here are the key technical levels for now, with the strong resistance at 1.2935-1.2950.