DeGRAM

DeGRAM | USDCAD Breakdown. Consolidation. The fall.

Short
FOREXCOM:USDCAD   U.S. Dollar / Canadian Dollar
At the moment, the consolidation of the currency pair continues under the support of a very strong and long price channel.
There were numerous attempts to break down the strong support at 1.206, but the support of the price channel, if we turn to local descending peaks of accumulation, pushes down.
I think that after the breakdown of 1.206, the downward movement will continue to support 1.1917

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