USDCAD: 3 higher time frame levels I am watching

Short

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

Updated

FX:USDCAD U.S. Dollar / Canadian Dollar

Trend Analysis

trendanalysis

USDCAD about to bump a support level that I am watching but if current risk on sentiment (across the board) keeps up, we may see a run down (or at least an attempt) to the 1.2460 levels.

Comment:

Trappy, trappy. Bull trap? Not fully convinced yet but we'll see.

snapshot

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