USD/CAD | Further drop? (READ THE CAPTION)

Wait 5 sec.

USD/CAD | Further drop? (READ THE CAPTION)USD/CADOANDA:USDCADAmirAliTradingBy analyzing the Daily chart of USDCAD we can see that after reaching the high of 1.3967, which is the Consequent Encroachment of the Daily IFVG! And then plummeted in price and is currently being traded at 1.3760, dropping over 200 pips! Now, the first support level for USDCAD is at 1.3753, if it is lost, next targets for it will be 1.3725, 1.3715 and 1.3678. Considering there are several NWOGs below the current price, price could be drawn to them.