USDCAD: Very Bearish Outlook 🇺🇸🇨🇦
Hey traders,
After a strong bullish rally that we saw last week on USDCAD,
the pair looks quite overbought.
The price formed a double top formation and broke a rising wedge pattern to the downside.
I believe that the market may drop at least to 1.267 level.
❤️Please, support this idea with like and comment!❤️
Note
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
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.