Remaining below the key resistance levels 1.2760, 1.2740 (Fibonacci level 38.2% of the downward correction in the wave of USD / CAD growth from 0.9700 to 1.4600) USD / CAD is in the bear market zone (see Current Fundamental Analysis and Market Expectations)
A breakdown of the support level 1.2123 will be a signal for the resumption of short positions.
Support levels: 1.2100, 1.2015, 1.2000
Resistance levels: 1.2123, 1.2160, 1.2302, 1.2365, 1.2450, 1.2640, 1.2760, 1.3000
Trading scenarios
Sell Stop 1.2095. Stop-Loss 1.2150. Take-Profit 1.2015, 1.2000
Buy Stop 1.2150. Stop-Loss 1.2095. Take-Profit 1.2302, 1.2365, 1.2450, 1.2640, 1.2760, 1.3000
**)USD/CAD: Current Fund mental Analysis and Market Expectations
***) the most up-to-date "hot" analytics and trading recommendations (including entries into trades "by-the-market") - https://t.me/fxrealtrading
