USDCAD Forex Weekly - 5 - 9 Oct 2020
Technically, price is trading out of the box and we are expecting trend towards bearish with the current oil prices recovery.
Targeting to break fibo support towards 3.82 major fibo support level, RSI conditions also not oversold, sellers are likely to hold the reins for a bit longer.
Targeting to break fibo support towards 3.82 major fibo support level, RSI conditions also not oversold, sellers are likely to hold the reins for a bit longer.