USDCAD facing pressure pressure from downside confirmation

١٥ فبراير ٢٠٢١

USDCAD is facing bearish pressure from its downside confirmation at 1.2671, in line with EW structure where wave 3 ends. We could see a further drop below this level towards 1st support where 100% fib extension is.EMA is also suggesting that price could drop further.