USDCAD Trying to Continue Weekly Chart Upchannel

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The USDCAD bounced yesterday off upchannel support (on the daily and weekly chart), but is increasingly winded after a steady climb since September 2017. The USDCAD could very well continue the daily and weekly chart upchannel and retest the 2018/2019 high in the next month or so, but risk:reward is looking decidedly mixed for bulls...Click hereto read the full analysis of this market as well as on USDJPY, Nasdaq100

USDCAD Weekly/Daily/4hr

USDCAD Technical Analysis

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