USDCAD went up to test our upside confirmation at 1.3395 where the horizontal swing high is. Price could bounce further towards 1st resistance where the -61.8% fib retracement is if price breaks above the upside confirmation. The trendline is also showing support.
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.