CatClaws

USD/CAD weekly chart shows price tearing through weak volume

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
When price reaches areas of low volume (highlighed by the orange oval) it tends to tear right through because there's less resistance/support.

The USD/CAD weekly chart shows price struggling to get through some areas of high volume , but as soon as it reached an area of low volume it started to tear downwards (highlighed by the red oval).

This downward tear may continue for while.

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