After a confirmed bearish breakout of a major rising trend line on a weekly,
USDCAD did not manage to return back above that.
I believe that the pair will keep falling soon.
For entries consider an occasional retest of a broken trend line.
Closest support: 1.225 - 1.235
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Note
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✅Join My Telegram Channel: t.me/VasilyTrading
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✅ Facebook: facebook.com/VasilyTrading/
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❗️YouTube Channel youtube.com/c/VasilyTrader
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⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Related publications
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.