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21/1/5 11:23(CET)_USD/CAD_SHORT

USD/CAD Short. The USD/CAD currency pair is moving in a long-term downward trend, which it has been in since March this year. The current technical decline in prices is obvious and is already underway. In the following days, it may again break several months of lows. Not only because of the problems with President Trump and Covid, we are witnessing a long-term weakening of the US dollar against the Canadian dollar. The current situation in the currency field is most in favor of a further decline in the US dollar.

Chart and table source: WebTrader


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