USDCAD: Midterm Projection

USDCAD remains bearish .
You can see that the market one more time has respected a falling resistance of the channel.
Our bias is bearish and our next mid-term target is 1.3 structure support level.

Strong selloff that we saw on Friday will most likely trigger more selling volumes and
after a small pullback, selling pressure will proceed.

*it is not a trading recommendation!
I just share with you my outlook on this pair.