USDCAD facing pressure pressure from 1st resistance!
USDCAD is testing our downside confirmation where the 61.8% fib extension joins the 38.2% fib retracement. Price could drop further from there towards 1st support where the 127% fib extension is. EMA is also showing signs of resistance
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results