As with other CAD pairs, price looks to head lower before bouncing bullish again. Lots of room on RSI for downward PA. We shall see where the ball stops. I'll update with better idea once a pattern is clear.
Note
pattern has formed...price can move down further....I'm waiting for the break or a clear impulse...
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.