USDCAD Might Retrace Its Bullish Impulse
After the recent rally, the USDCAD currency pair is showing the first signs of weakness and the RSI is bearishly divergent.
The price has fallen below the VAH of the recent upward movement.
We therefore expect the POC of the last impulse to be reached.
The price has fallen below the VAH of the recent upward movement.
We therefore expect the POC of the last impulse to be reached.
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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.