USDCAD is trending below 1st resistance and may go test downside confirmation where the 127% fib retracement is. Price could reverse there towards 1st support where the 161.8% fib retracement is. EMA and trendline are also showing signs of resistance.
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.