Forex_

MY THOUGHTS ON USD/CAD

OANDA:USDCAD   Dollar A.S. / Dollar Kanada
In my analysis of USD/CAD on the DAILY CHART, This currency pair is currently Ranging from price $1.27863 to $1.26646. On the lower time frames, price may continue to move to the area of resistance of $1.27863 and down to $1.26646. Looking at the Monthly chart price was retracing as it hit the area of resistance. Price may turn around and continue moving Bearishly to continue the Bearish trend creating a lower low. USDCAD
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