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USDCAD: Bearish Move From Resistance 🇺🇸🇨🇦
U.S. Dollar / Canadian Dollar
Short
USDCAD: Bearish Move From Resistance 🇺🇸🇨🇦
By VasilyTrader
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Mar 29
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Mar 29
https://www.tradingview.com/x/Pbd8l7uJ/
USDCAD formed a nice double top pattern
after a test of a key horizontal resistance on a 4H time frame.
With the release of the yesterday's US fundamentals,
the price dropped and violated a neckline of the pattern.
It is a strong bearish confirmation.
We can expect a downward movement at least to 1.35 level now.
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Candlestick Analysis
Double Top or Bottom
Forex
fxtrading
priceaction
Support and Resistance
Technical Analysis
trader
trading
VasilyTrader
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