USDCAD Sharply Down
The next pair that went exactly as I expect last week was USDCAD. Finally touch the channel lower trend line. I do not expect to break it so soon. I prefer to see this one correct for a while. Any rejection from 1.3174 or 1.3350 area would be a bearish sign to break the trend line. we need to watch oil price closely to trade this one.
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.