USDCAD is showing weakness after testing a key resistance zone. Sellers are stepping in as the pair struggles to break higher, signalling potential downside momentum. If price continues to reject this level, we may see further declines toward the next support areas.
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.
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.