USDCAD Looking to take a Dip
USDCAD has shown bearish market structure on the 4H with LH and LL. I am expecting the Canadian Dollar to gain strength against the US Dollar and expecting price to drop further down to 1.30373 area. Will look for price to retest of the previous broken zone before entering. Over the next couple of weeks, I am anticipating a further drop for this pair, possibly to 1.2900.