USDCAD might see more downside if it breaks below 1.3047.

U.S. Dollar/Canadian Dollar FX:USDCAD

Tickmill

Price is facing bearish pressure from our downside confirmation, where we could see a further drop towards 1st support at 1.2998 if price breaks below downside confirmation at 1.3047. Ichimoku is also indicating more bearishness to come.



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