DeGRAM | USDCAD correction in the local channel
USDCAD is moving in the local descending channel.
The chart reacted 4 times with an immediate decline on reaching the upper boundary of the channel.
The price is still under strong resistance coinciding with the 88.6% retracement level.
We expect a pullback from the upper boundary of the channel.
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Share your opinion in the comments and support the idea with a like. Thanks for your support!
The chart reacted 4 times with an immediate decline on reaching the upper boundary of the channel.
The price is still under strong resistance coinciding with the 88.6% retracement level.
We expect a pullback from the upper boundary of the channel.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
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