USDCAD can drop towards 1.3330 in the next 4-8 weeks. In the weekly chart, USDCAD reversed from the 1.4650 level.
This week's pullback is a minor correction in my opinion(especially if we look at the weekly chart).
So, I believe there's another 700-800 pip drop from here.
This week's pullback is a minor correction in my opinion(especially if we look at the weekly chart).
So, I believe there's another 700-800 pip drop from here.
Note
50 pips drop since I posted this 1.4066 now
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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.