USDCAD is facing bearish pressure from our first resistance, in line the 61.8% fib retracement and 100% fib extension, where we could see a further drop below this level. The stochastics is showing signs of increasing bearishness.
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.