USDCAD Short to 1.2776 BTW 1.2400
We are in an immense bearish channel draw in mauve. or in this great trend 2 channel also it is to draw we broke the most recent upstream channel, which weighs a retracement of 78.6% of Fibonacci at most for a TP. We can rebound on the 38.20% but not with a powerful movement if it happens. I know that it is the Canadian who invented the egg box, but this does not justify increasing their currency. I laugh, of course. I think short is not a bad idea.
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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.