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U.S. Dollar / Canadian Dollar
Short

USDCAD is facing bearish pressure from our first resistance !

By Tickmill
Broker
USDCAD is facing bearish pressure from our first resistance, in line with the 78% fib extension , where we could see a further drop towards 1st support. The longer-term direction is still bearish as the trendline and IChimoku indicate, and we could see price reverse towards our 1st support.
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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