America and Canada are neighbors therefore there currency pair is one of the most popular in the world economy because of their cross-border trading. In most situations Usd supports Csd and help to become stable Canadian economy. Therefore there are very low chances of loss in this pair.
USD/CAD to Exhibit Bearish Behavior on Hawkish BoC
S1 1.2851 W R3 1.3022 S
S2 1.2694 M R2 1.2917 M
S3 1.2646 S R1 1.2901 W
Trend
Down
Volatility
16%