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USDCAD: Waiting For The Next Bearish Move 🇺🇸🇨🇦
U.S. Dollar / Canadian Dollar
Short
USDCAD: Waiting For The Next Bearish Move 🇺🇸🇨🇦
By VasilyTrader
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Jan 4, 2023
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Jan 4, 2023
Update for USDCAD.
The price formed a head & shoulders on a daily time frame.
1.3486 - 1.354 is its neckline.
Wait for its bearish breakout. Daily candle close below that structure will a bearish signal.
A bearish movement will be expected 1.342 then.
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Candlestick Analysis
dollar
Elliott Wave
Forex
Head and Shoulders
Technical Analysis
trading
USD
USDCAD
DJ FXCM Index
VasilyTrader
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