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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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.