USD/CAD Is Dropping Fast

2020年12月6日Last week, USD/CAD broke through the support which has been holding for almost two (!) years. After the support was broken, the price dropped around 1.3% in two days. This hard drop suggests that the price will continue to drop further in the coming weeks.

I consider Support 1 and Support 2 as areas with a high chance of reversal / exhaustion. Feel free to select your own profit targets.