FX_IDC:USDCAD   U.S. Dollar / Canadian Dollar
While major pairs are still consolidating, USDCAD is making new lows. Here things seem extremely clear.
- we have a downward trend of D1
- we have a downward trend of H4
- we have a downward trend of H1
- break of support
- engulfing candle of H4

We expect the movement to continue towards the following supports:
1.3144
1.3107

Watch for a break in the trendlines and for initial depletion signals.

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