Resistance: 1.0400
Support: 1.0350
After almost a week of carving a channel, the USDCAD broke free, dropping as low as 1.0366. In accordance with classical technical analysis, a rising wedge formation calls for a bearish reversal.
Resistance: 1.0400
Support: 1.0350
After almost a week of carving a channel, the USDCAD broke free, dropping as low as 1.0366. In accordance with classical technical analysis, a rising wedge formation calls for a bearish reversal.
