USDCAD Weekly Outlook
USDCAD could be in an emerging downtrend. Last Friday’s candle shows us a rejection of that swing level indicating a probably downward continuation.
We will look for a break below the 1.300 level and then a retest/ sell signal at that level before considering getting short.
We will look for a break below the 1.300 level and then a retest/ sell signal at that level before considering getting short.
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