USDCAD is facing bearish pressure, potential for further drop

2020年12月10日

USDCAD is facing bearish pressure from our first resistance, in line with our 23.6% fibonacci retracement and 100% fibonacci extension and 100 EMA, where we could see a further drop to our first support target.

Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks