USDCAD, Weekly
On the Weekly timeframe, USDCAD navigates within an ascending triangle and currently testing its upper border, near 1.3880 resistance zone.
- If the price takes the liquidity at the 100 Fibonacci and reverses, it will decline to 1.3450 and 38.2 Fibonacci;
- Conversely, breaching above the Liquidity pool and retesting it will trigger a rise to the 1.4530 and 161.8 Fibonacci.
