OANDA:USDCAD   U.S. Dollar / Canadian Dollar
Bond yields are starting to fall
And oil is rising again, as USOIL is currently at $114.17 a barrel, which supports the Canadian dollar

So the USDCAD pair has bearish factors

technically
The end of a five-wave impulse rise and the beginning of a strong decline
Important observation area
2820 - 2780

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.