Watch closely as USDCAD approaches this intersection of short term trend support (red) and long term channel resistance (green).
If it breaks below the red support within the oval, we'll have a very good opportunity to short this pair down to the intersection of the 100% fib support and the medium term trend support (purple)
If it breaks below the red support within the oval, we'll have a very good opportunity to short this pair down to the intersection of the 100% fib support and the medium term trend support (purple)
