USDCAD break of channel Short

٩ أكتوبر ٢٠٢١

usdcad we were caught in an ascending channel but failed to break the higher high and weekly zone. we have now broke the lower trend line whilst also broking the low indicating a potential change in trend direction. We have also completed the -23% fib extension which make me believe we should continue down to the -61.8% level