The US Dollar is trading in a bearish trend channel against the CAD.Now it seems that the currency pair is ready to recover when it touches its Pivot point at 1.0280 together with the bottom line of the trend channel.
A few days before, we had the same situation and the prices recovered.
Also the RSI may indicate an increasing trend for the EUR, but we need to wait if these signs are enough to stop the bearish trend.
