Riding lower.
(By Yann Quelenn )
• USD/CAD is going lower and the pair remains
in a strong bearish momentum. Hourly support is
given at 1.2524 (21/07/2017 low). Hourly
resistance is given at 1.2701 (17/07/2017).
Expected to show continued bearish pressures.
• In the longer term, the pair lies in a bullish
channel since a year. Strong resistance is given
at 1.4690 (22/01/2016 high). Long-term support
can be found at 1.2461 (16/03/2015 low).
