USD/CAD – Week 33 – One more low expected.

In our previous forecast, we anticipated that USDCAD will slowly increase and fall once more after breaking the resistance level. Instead, the price started to lose strength from the beginning of the week.
In the coming days, we expect the price to drop one more time, before resuming the bigger trend.
Trade with care.

Best regards,
Financial Flagship

Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.