USDCAD technical analysis
Canadian dollar falls against the US dollar during the past couple weeks, reaching short targets at 1.2770 and 1.2660.
in the meantime, it's located at an important support level that may cause a pause in the current decline movement. a break below 1.2600 may open up the floor for more downward movement toward 1.2470 handles.
other than that. a break above 1.2720 might revive the market a bit back to 1.2770
in the meantime, it's located at an important support level that may cause a pause in the current decline movement. a break below 1.2600 may open up the floor for more downward movement toward 1.2470 handles.
other than that. a break above 1.2720 might revive the market a bit back to 1.2770
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