USDCAD has completed 2 waves of retracement and got resisted at the top of a falling trendline early this week before starting a downtrend.
Price has also broken a rising trendline indicating that there could be room for more downside.
We could look to continue selling USDCAD this week should there be a small retracement, before next support zone seen at 1.3435 - 1.3380.
Price has also broken a rising trendline indicating that there could be room for more downside.
We could look to continue selling USDCAD this week should there be a small retracement, before next support zone seen at 1.3435 - 1.3380.
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