USDCAD Daily Analysis – March 12, 2018

USDCAD broke below the bullish trend line on the 4-hour chart, suggesting that lengthier consolidation for the uptrend from 1.2247 is underway. Deeper decline is still possible in a couple of days and the target would be at 1.2740 area. Resistance is at 1.2900, only break above this level could…
Source: USDCAD Daily Analysis – March 12, 2018