Hello everyone, what do you think about 
USDCAD ?
The USD/CAD pair has formed a Triple Top Pattern, indicating a potential reversal after struggling to break through recent highs. The price has failed to maintain the bullish momentum and has been rejected at key resistance levels. With the market showing signs of a downward trend, we can expect the price to continue to decline towards the support zone, a critical level to monitor.
The next key support level lies around 1.375. If the price continues to stay below the resistance, the likelihood of a drop to this level is high.
Stay alert and trade smart.
Good luck!
The USD/CAD pair has formed a Triple Top Pattern, indicating a potential reversal after struggling to break through recent highs. The price has failed to maintain the bullish momentum and has been rejected at key resistance levels. With the market showing signs of a downward trend, we can expect the price to continue to decline towards the support zone, a critical level to monitor.
The next key support level lies around 1.375. If the price continues to stay below the resistance, the likelihood of a drop to this level is high.
Stay alert and trade smart.
Good luck!
Note
The trade has ended, the USD has recovered, and USDCAD has surged sharply.✅ Receive 7–10 high-quality signals daily for Forex, Gold, and Bitcoin
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✅ Receive 7–10 high-quality signals daily for Forex, Gold, and Bitcoin
✅ Fast updates, accurate alerts
✅ Suitable for both beginners and experienced traders
👉 Join now by clicking this link:
t.me/+6v7LMJO7cI04Nzg1
✅ Fast updates, accurate alerts
✅ Suitable for both beginners and experienced traders
👉 Join now by clicking this link:
t.me/+6v7LMJO7cI04Nzg1
Related publications
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.