CAD: Trade between support / resistance levels.

Support for long-term uptrend is broken down. But the mood for continuing the uptrend is still quite strong. In my opinion, while the most likely trade between medium-term support / resistance levels.

Kommentar:

Against the backdrop of the attitude of the Central Bank of Canada to the situation in the economy and Trump's words about a too strong dollar, an attempt to break through the small range was not crowned with success. We return to the scenario of moving down to the level of long-term support.