USDCAD is testing pivotal support sited at 1.2450, this area represents the equality objective versus the B wave high at 1.2896 and the 50% retracement of the advance from the May lows, watch for bullish reversal patterns here to set long positions targeting a move to test 1.3350
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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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.