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USDCAD Is Due for a Bounce

The Usdcad is down 2,500 pips since March 2020.

Every time the pair gained a few hundred pips, sellers were there to send it even lower.

However, USDCAD is coming off multi-year support near 1.2000.

You can see how the 1.2000 area has served as support since 2015.

The post USDCAD Is Due for a Bounce appeared first on Daily Price Action.



This post first appeared on Daily Setup Archives | Daily Price Action, please read the originial post: here

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USDCAD Is Due for a Bounce

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