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December 23, 2021 @ 19:29 +03:00
• USDCAD reversed from resistance level 1.2960
• Likely to fall to support level 1.2765
USDCAD currency pair recently reversed down from the long-term resistance level 1.2960 (which has been reversing the part from the end of last year).
The downward reversal from the resistance level 1.2960 started the active short-term ABC correction 2.
USDCAD can be expected to fall further toward the next support level 1.2765 (target for the completion of the active ABC correction 2).