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DeGRAM | USDCAD approach to 1.26000

Short
Dollar Américain / Dollar Canadien (FX:USDCAD)  
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FX:USDCAD   Dollar Américain / Dollar Canadien
Trend Analysis Chart Patterns Support and Resistance USDCAD usdcadanalysis usdcadforecast usdcadprediction usdcadsetup usdcadsignal
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trendanalysis chartpattern supportandresistance usdcad usdcadanalysis usdcadforecast usdcadprediction usdcadsetup usdcadsignal
USDCAD is approaching a major resistance zone 1.26000.

Price action often tends to form some kind of channel near major levels.

We can see a price deceleration and it's likely to form a descending channel.




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