USDCAD is facing bearish pressure | 20 Apr 2021

USDCAD is facing bearish pressure | 20 Apr 2021 for FX:USDCAD by FXCM

USDCAD is facing bearish pressure | 20 Apr 2021



Price is facing bearish pressure from our descending trend line and resistance in line with our fibonacci confluence levels where we could see a further drop below this level. Ichimoku cloud and EMA are showing signs of bearish pressure as well.

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