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USDCAD facing pressure pressure from 1st resistance!

Por Tickmill
Corretora
USDCAD is facing bearish pressure from its 1st resistance at 1.2754, in line with the 38% fib retracement and horizontal overlap resistance, where we could see a further drop below this level towards 1st support where161.8% fib extension is.EMA is also suggesting that price could drop further.
CADChart PatternsHarmonic PatternsTrend AnalysisUSDUSDCAD
Tickmill
Corretora
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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