Loonie: In the long term, it's a drop to 1.2000

We need to watch a bigger picture of USDCAD chart.

It broke they key support 1.2800 two weeks ago.

And now the downtrend is ongoing its way to next strong support: 1.200

In the long term, I expect Loonie continues to gain ,momentum to reach 1.2000

It will be soon.