Continued decline.
(Yann Quelenn)
• USD/CAD is skewed to the downside after the
pair failed to break hourly resistance at 1.2917
(27/10/2017 high). The pair keeps on heading
lower.
• In the longer term, the pair has broken longterm
support that can be found at 1.2461
(16/03/2015 low). Strong resistance is given at
1.4690 (22/01/2016 high). The pair is likely to
head further lower.
