FX.co ★ USDCAD Point and Figure Chart Review

USD/CAD on 203 Chart:
On 203 chart the bulls managed to overcome resistance level of 0.984 which enabled the level of 0.994.
It is very risky to buy the pair now as far as the main tendency is downtrend.
The final change of trend (the the uptrend) will be performed after resistance level of 1.016 is broken through.

USD/CAD on 103 Chart:
On 103 chart the pair is coming closer to the resistance level of 0.99 from where the downtrend will accelerate towards support level of 0.98.
The strongest level for bulls is placed as 0.992.
The main tendency is still uptrend, however, we recommend selling the pair near 0.99 with the first target at 0.98.