USDCAD
Diupdate
Dear traders,
View on Dxy remain bearish for long term and hence as usdcad price overbought recently there is high chance of significant sell off to occur in coming days or weeks depending on how DXY moves. What we also have identified the similar price pattern that happened last time when usdcad reach the exact same price level. This is not a guarantee that price will behave 100% the exact way like previous time but many time market create similar patterns.
View on Dxy remain bearish for long term and hence as usdcad price overbought recently there is high chance of significant sell off to occur in coming days or weeks depending on how DXY moves. What we also have identified the similar price pattern that happened last time when usdcad reach the exact same price level. This is not a guarantee that price will behave 100% the exact way like previous time but many time market create similar patterns.
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