USDCAD Canadian Dollar Exchange Rate trade ideas: It is time to wait. - Forex Trading Today

The Canadian dollar surged.
USDCAD is likely to fall some further. Maybe, it could be down below 1.311.

However, in the long run, USDCAD will go up.
Now is the time to wait outside the market. The market needs time to get back on track and prepare for going up again.

The key line for the USDCAD exchange rate is 1.325.

[USD CAD rate weekly chart]
USDCAD Canadian Dollar Exchange Rate trade ideas: It is time to wait.
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