FX.co ★ USDCAD Point and Figure Chart Review

USD/CAD 103 Chart:
On 103 chart the pair is near the resistance level of 0.977.
If buyers manage to overcome 0.977 level, it will enable the resistance level of 0.985.
As far as the main tendency is descending, the current ascending movement is considered to be a correction, for this reason we do not recommend to buy the pair.
Sell USD/CAD after the support level of 0.972 is broken with the first target at 0.965.