USDCAD Analysis June 14, 2020
On the monthly timeframe we are testing a monthly level of support showing signs of exhaustion. On the weekly timeframe we are testing a level of support and formed a spinning top last week. We are still bullish on these two timeframes. On the daily timeframe we are bearish and currently pulling back to a level of resistance. We broke structure on the H1 timeframe however and I will look to be continuing this trend.