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themarketzone

Longer term bearish signal was given

U.S. Dollar / Canadian Dollar (FX:USDCAD)  
themarketzone Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
USDCAD CAD loonie dollar_index dollar DXY Oil
8
0
usdcad cad loonie dollar_index dollar dxy oil
USDCAD broke below a year long trading channel.
Whether it will pullback higher or not, the longer term bearish signal was given.
USDCAD is probably heading towards its weekly uptrend line (green dashed line)
Comment:
Moving closer towards target
Comment:
Approaching the trend line
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