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UsdCad outlook

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Dolar A.S. / Dolar Kanada (OANDA:USDCAD)  
Mihai_Iacob  
OANDA:USDCAD   Dolar A.S. / Dolar Kanada
Trend Analysis Chart Patterns Technical Indicators USDCAD usdcadshort usdcadforecast usdcadanalysis usdcadsell
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trendanalysis chartpattern indicator usdcad usdcadshort usdcadforecast usdcadanalysis usdcadsell
After a few failed attempts to pass above 1.37, UsdCad rolled back under 1.36.
The upwards trend line is broke suggesting that the pair resumed its medium-term downtrend.
The pair is bearish under 1.3650 and a drop to 1.3350 important support is not out of the question in the next days.
Also a sell trade on 1.3550 with this target has a good 1:2 R:R
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