USDCAD Testing TL from May 2015
This should result in a bounce back up to at least the Fib 50% mark of the recent drop (~1.136). Long term, given the negative impact of dropping global oil prices on the Canadian Economy, I expect at least some consolidation over the next few weeks.
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.