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Mihai_Iacob

UsdCad- I expect 1.26 to hold

Long
Dollaro / Dollaro canadese (FX:USDCAD)  
Mihai_Iacob  
FX:USDCAD   Dollaro / Dollaro canadese
Trend Analysis Chart Patterns Technical Indicators USDCAD usdcadforecast usdcadanalysis USD USD (US Dollar) DJ FXCM Index
20
16
trendanalysis chartpattern indicator usdcad usdcadforecast usdcadanalysis usd usd-us-dollar usdollar
From the 1.47 top, UsdCad is in a down trend with the pair losing around 2000 pips in 11 months.
Now the pair seems to have found strong support in 1.26 area and a correction could follow
1.3 is my medium-term target for this pair
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