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USDCAD Faces Negative Pressure
U.S. Dollar / Canadian Dollar
Short
USDCAD Faces Negative Pressure
By DennisDims
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Updated
Oct 26, 2022
1
Oct 24, 2022
USDCAD experienced bearish pressure to break the trendline and hit 1.36070.
Price has retraced back to the trendline/pivot and faced some rejection suggesting continuation of the bearish move.
Initial target is 1.35180.
Oct 26, 2022
Trade closed: target reached
Chart Patterns
DXY
Trend Analysis
Trend Line Break
DennisDims
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