Technical analysis of USD/CAD 12/20/2019
The USD/CAD currency pair is currently trading at 1.3100 level and continues to move downward within the side corridor on the 1D timeframe.
The pair is expected to continue to decline within the channel to the zone of the level of 1.3020.
Cancellation of the option to reduce USD/CAD will be a rise above the level of 1.3270, which will indicate a breakdown of MA200 and the upper line of the channel.
Created by Joshua Hayn