As we can see, the USDCAD broke a major multi-year trendline as well as a significant low back from 2016. With that, the fall of the USDCAD could continue and reach the -27.2 fibonacci level (also significant low back from 2015) or even the -61.8 level.
Before that happens, the price could potentially pull back to the trendline/low. Although the price is in a...
