USDCAD facing pressure pressure from 1st resistance!
USDCAD is facing bearish pressure from its 1st resistance at 1.2581, in line with 127% fib retracement and horizontal overlap resistance. We could see a further drop below this level towards 1st support where the 161.8% fib retracement is. EMA is also suggesting that price could drop further.
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
Feragatname
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