USDCAD pair has a very volatile sessions this week (15-19.05.2017) with strong resistance level at 1.3645
ForexTeam is continuing to see some bearish pressure for USDCAD and yesterday we sold USDCAD with the next target at 1.3558 hopefully we reach price level 1.35
If we can break down below 1.35 handle, that USDCAD will break down from there!
according to ForexTeam short term market research, we can say with high probability, that this week USD Index (#USDX) will goes down slowly with small pullbacks to resistance level. Please, pay attention to the following price levels:
Resistance level = 99.20-99.30 Support level = 98.30-98.10
Probably,the same weekly bearish trend will be for the following forex pairs: USDCHF and USDJPY