USDCAD has broken its horinzontal channel at 1.2650. If the trend remains bearish the next days, the pair could reach an optimal buying zone around 1.23-1.2350. A first target would be 1.2650 for 300 pips.
An alternative selling scenario would be a rebound around 1.2630 in order to breathe then reach back 1.2350.
An alternative selling scenario would be a rebound around 1.2630 in order to breathe then reach back 1.2350.
