USDCAD LONG TERM CHANNEL RESISTANCE REACHED!!!!

٢١ أكتوبر ٢٠١٦

MARKET ANALYSIS: The Pair is trading inside a long term rising wedge pattern. Now it has reached the resistance level. If the resistance holds we can expect a new downtrend to the next possible support level of the channel. So lets wait and see what the market does in the coming weeks. Cheers!