USDCAD - Long term market structure analysis

20 May 2020

The move back in march was mainly fundamentally driven. Looking at the market structure, we see that the current support was previously a very strong resistance. Once the market breaks the current support we can expect a long-term free fall.

10 Haz 2020

Not

Correction: I think we will see the USDCAD fall to 1.3 and hold that price for a while.