USDCAD is holding below the descending trendline and is also reversing below 1st resistance at 1.3203. With Stochastics also showing resistance, a short term drop towards 1st support at 1.3154 can be expected.
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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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.