The counter is in a strong bearish trend making lower lows continuously.
The recent pullback has been sold into with the help of a trendline.
Also, the upbeat GDP data from Canada is set to add woes.
Hence, we expect the pair to move lower from here.
The recent pullback has been sold into with the help of a trendline.
Also, the upbeat GDP data from Canada is set to add woes.
Hence, we expect the pair to move lower from here.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.