Possible Bearish Channel on USDCAD
Hello guys,
I have noticed that USCAD stopped at 50% fibonacci level and a channel down is now cleary visible.
Could this be a bearish signal? There is plenty of room to the downside.
I have noticed that USCAD stopped at 50% fibonacci level and a channel down is now cleary visible.
Could this be a bearish signal? There is plenty of room to the downside.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.