Hello everyone,
A quick analysis into the Loonie supporting the bearish picture:
1- The pair broke below the 50 SMA.
2- The pair broke the higher highs higher lows pattern.
3- The pair broke the ascending trend line.
-
-
-
Next target is the 38.2% at 1.3150.
Good luck
canadiandollarFibonacciForexforexsignalsloonieprofitsignalsSupport and ResistanceTechnical AnalysisTrend LinesUSDCAD

Ramzi Abou Abdallah, CFTe, CMT

Penafian