USDCAD as expected moved down from 16.Nov high 1.3370 to dynamic support level 1.3224 - at this point meet orange and violet lines. Additional support is set at 23.6% Fibo correction level 1.3244.
I. USDCAD decline below 1.3220 would indicate further drop targeting 1.3165 and 1.3070 (please check 4 hour timeframe).
II. Recovery to 1.3300 offers potential point to enter sell.
I. USDCAD decline below 1.3220 would indicate further drop targeting 1.3165 and 1.3070 (please check 4 hour timeframe).
II. Recovery to 1.3300 offers potential point to enter sell.
