Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (1.35000). if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis: . USDCAD is in a downtrend, and the continuation of the downtrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance.
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.