We have been watching this pair for many months wondering when or if the big drop and change in trend will come, But week after week, month after month it keeps increasing ? Whats your opinion and when/if do you think it will change trend direction ?
USDCAD could possible break into a bearish trend with it reaching the support and resistance on D1 chart
Wait for break of the consolidated trend zone before considering a potential long but my overall bias is upwards of 60.00 in the next upcoming months. What do you think ?