USDCAD is facing beraish pressure

USDCAD is facing bearish pressure from our first resistance, in line with our descending trend line, 23.6% fibonacci retracement and 100% fibonacci extension where a break below our downside confirmation target could provide the bearish acceleration to our first support target.

CADChart PatternsHarmonic PatternsTrend AnalysisUSDUSDCAD

This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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