USDCAD is at the bottom of a trading range and near the Weekly 200EMA which acted as good support in the last bull trend opportunity
USDCAD fell out of the bull channel as predicted from last week’s analysis and hit the profit target of 135.500. We are now sitting on
USDCAD closed a bear candle below its bull channel support last week, leaving the bulls to wonder if this is the beginning of the end!
USD/CAD bounced nicely off of 1.36300 for a nice 200+ pip run to the upside. We ended last week with a Daily Pin Bar Bear