USDCAD;TECHNICAL
FORECAST:BEARISH
USD/CAD is still in the bearish trend that has been in place since the 1.4668 high from March 19th of last year. That said, price action during the past month has illustrated a clear slowdown in terms of bearish momentum, and economists at Rabobank would argue the pair is now entering a consolidation phase.
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FORECAST:BEARISH
USD/CAD is still in the bearish trend that has been in place since the 1.4668 high from March 19th of last year. That said, price action during the past month has illustrated a clear slowdown in terms of bearish momentum, and economists at Rabobank would argue the pair is now entering a consolidation phase.
If you find this helpful and want more FREE Updates on TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader?
Now, It's your turn!
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
1_GFX English Support Team ❤️