Oct 31, 2022
VOT Research Desk
The analysis that following on the daily time frame will show that USD/CAD is in the hands of the bears within a declining channel.
Although the price has just lately started to rise again, if the resistance level holds, there is a chance that the price will continue to fall in the days to come.
A breach of the support structure will increase the likelihood that the price will go toward 1.3200 in the coming week.
If the price can hold a crucial horizontal resistance area.
