USDCAD moving lower this week
**Monthly Chart**
USDCAD is moving within a large range between 1.30000 and 1.40000 level since Oct 2022 as per monthly chart range.
**Weekly Chart**
The pair is still moving within the range after creating a weekly key reversal around the relative equal highs. The obvious move is to downside at least to test demand zone around 1.32000 level.
**Daily Chart**
The expectation for this week is that USDCAD will push lower from previous swing high level. We need to see a pullback reaction before taking the price lower. Next target will be to break the previous swing low below 1.36000 level.
USDCAD is moving within a large range between 1.30000 and 1.40000 level since Oct 2022 as per monthly chart range.
**Weekly Chart**
The pair is still moving within the range after creating a weekly key reversal around the relative equal highs. The obvious move is to downside at least to test demand zone around 1.32000 level.
**Daily Chart**
The expectation for this week is that USDCAD will push lower from previous swing high level. We need to see a pullback reaction before taking the price lower. Next target will be to break the previous swing low below 1.36000 level.
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