USDCAD challenges long-term lower channel boundary
USDCAD at 1.3030 has challenged the lower boundary of its long-term upward sloping channel from September of 2017 lows. Price has the potential to stage a bullish reversal especially if price breaks above 1.3140. Blue upward sloping lines – long-term bullish channel The decline from 1.3550 could already be over. Price has reached the lower […]