USDCAD has formed a new channel. We are close to resistance area and soon we can see a drop to support area which is around 1.2690 - 1.2710.
These days, market is unexpectedly volatile due to many breaking news and new covid-19 variant. Therefore, this idea can be violated easily depending on breaking news.
These days, market is unexpectedly volatile due to many breaking news and new covid-19 variant. Therefore, this idea can be violated easily depending on breaking news.