CeoCodes

USDCAD Chart — USD to CAD Rate — TradingView

Short
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
Outlook in USD/CAD remains unchanged. Corrective patterns from 1.4667 could still extend with another decline through 1.3850 support. But downside should be contained by 61.8% retracement of 1.3202 to 1.4667 at 1.3762 to bring rebound. On the upside, the break of 1.4140 resistance will indicate the completion of the correction. Intraday bias will be turned back to the upside for retesting 1.4667. However, a sustained break of 1.3762 will bring a deeper fall to 1.3664 key support next.

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