Daily Forex Analysis - CAD & Cryptocurrency Analysis (02 July 2021)

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#OPINIONLEADER#

Afternoon market update:


Key talking points from today's currency call:


USDCAD requires some certainty with the OPEC+ meeting tonight that was rescheduled from yesterday to today and the NFP data coming out if your in a trade currently be aware of the upcoming volatility. 700k is the forecast for NFP with 750k would help with holding up the US dollar strength and offer some nice trends to develop. The daily candle close is what we will be waiting on for the USDCAD conservative but safe given the multiple unknown situations present tonight.




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