USDCAD broke the 1,308 and it seems that it will go down without any correction. It's possible that in few days price will touch 1,25.
That should interest you
The 40-day baseline suggests that the descent which the U.S. dollar-Loonie began in March of 2020 might be running out of steam, as do the 32- and 24-day measures. And though the 12-day baseline is once again bearish (thanks to the fall from 1.2900 initiated…
Just about everything in connection with this pair is bullish. The 6-day price range envelope turned bullish on June 16th, the 12-day baseline followed on June 29th, joined by the 24-day on August 8th, and the 40-day baseline just five or six days ago. The 24-hour…