USDCAD analysis 20.07.2020
The currency pair is trading in the range of the upper border of the descending price channel. Stochastic Oscillator indicates an overbought condition, while Awesome Oscillator indicates a bearish divergence. The ascending H1 level pattern is truncated.
USDCAD rate online: monitor the price movement in real time.
Trading recommendations:
Sell when a descending wave pattern is formed.
Stop Loss: 1.3600.
Target levels: 1.3525; 1.3501.
