USDCAD: Probably Pulling Back of Resistance Confluence!
The pair has been trending strongly higher, however price hits a major resistance juncture and a confluence of long term technical levels. -161.8 extension level for the latest bearish wave -Main channel ceiling -Short term channel ceiling -Main Horizontal resistance level over the weekly chart
I expect a bearish pullback towards a retest of 1.1455 area as a minimum target.