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U.S. Dollar / Canadian Dollar
Short

USDCAD facing pressure pressure from 1st resistance!

By Tickmill
Broker
USDCAD is facing bearish pressure from 1st resistance level, in line with our horizontal overlap resistance, 61.8% fib extension and 61.8% fib retracement, where we could see a further drop below this level if price breaks below. EMA(55) shows signs of bearish pressure, in line with our bearish bias.
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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