USDCAD is on our radar this week due to the bearish rejection candle on the weekly timeframe.
This rejection could signal the start of another move lower; the 4hr timeframe is forming a head and
shoulders pattern at the key resistance offering us different options to short the market.
This rejection could signal the start of another move lower; the 4hr timeframe is forming a head and
shoulders pattern at the key resistance offering us different options to short the market.
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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.