USDCAD is moving in a descending channel. Price is consolidating on the D timeframe.
The market is testing the kill zone: resistance level at 1.36500, golden ratio of 61.8%, and channel's border.
We expect the downtrend to continue since the trend is bearish.
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The market is testing the kill zone: resistance level at 1.36500, golden ratio of 61.8%, and channel's border.
We expect the downtrend to continue since the trend is bearish.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
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