USDCAD HIGHLIGHTING THE CAD WEAKNESS
USDCAD weekly price action suggests we could see a short-term reversal in the current trend.
We have also seen a fake out of the lows adding confluence to a reversal. The Canadian
Dollar has been declining lately and with price, at these levels, we could see a fall against
strong currencies.
The weekly Fibonacci suggests we could see price retrace back to the 1.3238 lows.
We have also seen a fake out of the lows adding confluence to a reversal. The Canadian
Dollar has been declining lately and with price, at these levels, we could see a fall against
strong currencies.
The weekly Fibonacci suggests we could see price retrace back to the 1.3238 lows.
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