Technical Analysis: USD/CAD still remains under 1.2693

Technical Analysis: USD/CAD still remains under 1.2693

USDCAD has recovered its previous losses from February when the price reached a deep support level at 1.2459. This level was not very important at that time but currently can be used as a part of a reversal shape that can change the overall direction for this currency pair. This situation puts in focus H&S…