USDCAD looks overbought after a yesterday's bullish rally.
The price reached a key daily resistance and I see a confirmed
bearish breakout of a support line of a rising channel on an hourly time frame.
I expect a retracement at least to 1.3864 support.
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✅Join My Telegram Channel: t.me/VasilyTrading
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.