Sforex
Short

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

FX:USDCAD   U.S. Dollar / Canadian Dollar
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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.

Comments

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