Being contained by 1.3018 support, USDCAD rebounded from 1.3053. However, the bounce is likely consolidation of the downtrend from 1.3387, further decline to 1.2900 area is still possible after consolidation. Resistance is at 1.3230, only break above this level could signal completion of the downtrend.
For more short term forex analysis and info visit via USDCAD Daily Analysis - January 30, 2017 . Thanks for your support.
No comments:
Post a Comment