About a week ago I posted that USDCAD is in a downtrend but I saw a potential for a retracement and a bounce in daily demand. The bounce happened and price retested a daily resistance zone. Now I believe the trend will continue to the downside.
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Disclaimer
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.