FX:USDCAD   U.S. Dollar/Canadian Dollar
178 0 0
I would like to believe that USDCAD             is heading lower. The problem is price action is sitting on a short term trendline (green line) and also right smack in the middle of the longer term downtrend(blue line). I am bearish on this pair but wouldn't mind a pullback to add on my short or a restest of 0.9750 in the coming weeks.
The next strong resistance is around 0.9885 in my opinion.

Gaven
@forexcanada
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