So it's true that the usdcad has gone out of the rising channel but you can not ignore the current situation.
In the weekly chart, the USDCAD is still on the rise.
You can see that currently the usdcad is supported by the support of the Ichimoku cloud, so long as we stay above the cloud it is a positive sign.
And in the end, we left the most important point- crossing of the Stochastic in the zone which indicates an oversold with the potential reversal of the trend.
Target: 1.32-1.3280
In the weekly chart, the USDCAD is still on the rise.
You can see that currently the usdcad is supported by the support of the Ichimoku cloud, so long as we stay above the cloud it is a positive sign.
And in the end, we left the most important point- crossing of the Stochastic in the zone which indicates an oversold with the potential reversal of the trend.
Target: 1.32-1.3280