USDCAD is trading in strong bearish trend and consistently printing LL LHs. and is about complete ABCD pattern at strong daily resistance level. Recently the price is broken the important support zone and now retesting the broken level, which is also the 50% Fib retracement level. If the buy momentum continues the next target could be 1.3200
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.