So the USD/CAD has been bullish all through the year, however, it has gotten to a very critical point; a strong resistance coupled with the top of the channel. IMO, drop in price is imminent. This key level could send price down to the 1.3257-50 level soon. However, there's still room for this pair to reach the 1.3307 level before retracing. #channelguide #channeltrader.
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.