USDCAD Short: Long term hold (661 Pips)
Updated
Since price broke the bullish resistance on May 19 I'm expecting price to go up when it reaches 1.38507.
If everything goes as said in the technical analysis a Head and Shoulders pattern will be formed and price
will later on breakthrough to the downside when the bears once again have pushed the price down to 1.38507
If everything goes as said in the technical analysis a Head and Shoulders pattern will be formed and price
will later on breakthrough to the downside when the bears once again have pushed the price down to 1.38507
Note
Correction: I will enter this trade when it reaches the head at approximately 1.40262.
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