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USDCAD trades to a new low. Trades into a swing arear from end Aug/early Sept

November 05, 2020 at 03:07PM

USDCAD trades to a new low. Trades into a swing arear from end Aug/early Sept
Target support at 1.3035-1.3046
The USDCAD has reached a new session low as it trends to the downside today.  That low is now reach 1.30359.  The move to the lows as taken the price into a swing area defined by lows from the end of August to early September. That swing area comes between 1.3035 and 1.30464.  A move below would open the door
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