USDCAD 25 Nov 2022. USDCAD on the daily timeframe, it looks like this pair is in a state of mixed money.
After being bearish since early October, this time there is a possibility for a trend reversal.
Looking at the MFI indicator which is around level 50, it’s time for us to look for other confirmation references before market entry.
The confirmation we can wait for is a breakout between the DR-1 and DS-1.