USDCAD has formed a new channel. We are close to resistance area and soon we can see a drop to support area which is around 1.2690 - 1.2710.
These days, market is unexpectedly volatile due to many breaking news and new covid-19 variant. Therefore, this idea can be violated easily depending on breaking news.
These days, market is unexpectedly volatile due to many breaking news and new covid-19 variant. Therefore, this idea can be violated easily depending on breaking news.
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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.