USDCAD Weekly Analysis – February 16, 2019

USDCAD moved sideways in a trading trading range between 1.3068 and 1.3375. As long as 1.3375 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 1.3664, another fall towards 1.2900 is still possible after the consolidation. Only a break of 1.3375 resistance could signal completion…
Source: USDCAD Weekly Analysis – February 16, 2019