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U.S. Dollar / Canadian Dollar
Short

USDCAD could drop further below downside confirmation!

By Tickmill
Broker
USDCAD is holding below the descending trendline and is testing the previous swing low at 1.31012. If price closes below this downside confirmation, it could open up more downside from here towards 1st support. EMA is also showing signs of bearishness.
CADChart PatternsforexsignalsHarmonic PatternsTrend AnalysisUSDUSDCAD
Tickmill
Broker
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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