USDCAD short to 1.31 and beyond

31 בינו׳ 2019

USDCAD is stuck in a consilidation zone hiljghted on the hourly chart. After the Fed gave little push to internest rates, the USD fall pushing this pair south yesterday. With the week comnig to a end, we can still count on some dolar weakness to see this pair move lower. If we can break through 1.31, we can fall lower to posibly 1.300