As I predicted, USDCAD dropped yesterday. It turned out that the price managed to form a bearish engulfing candle on a daily time frame, a support line of a rising parallel channel was broken on a 4h time frame then.
I believe that the pair may go lower. Goals: 1.357 / 1.3533
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.