USDCAD’s Breakdown Revives March Downtrend

<p>USDCAD brought its downward pattern from the 1.4667 peak back into play after breaching the 1.2980 floor and the base of a rectangle, which kept the market in a sideways move during the past three months. In its third week of losses, the price is currently trading around a new 27-month low of 1.2846 and [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/345406-usdcads-breakdown-revives-march-downtrend/">USDCAD&#8217;s Breakdown Revives March Downtrend</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>