Sforex
Short

Loonie: In the long term, it's a drop to 1.2000

FX:USDCAD   U.S. Dollar / Canadian Dollar
231 2 8
We need to watch a bigger picture of USDCAD             chart.

It broke they key support 1.2800 two weeks ago.

And now the downtrend is ongoing its way to next strong support: 1.200

In the long term, I expect Loonie continues to gain ,momentum to reach 1.2000

It will be soon.

show yours stop if you go to 1.20
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Agree, it could get there fast and then bounce up sharply...!
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