USD/CAD waiting for bearish signal
After USD/CAD has reached its lowest of the year (2017) due by the two Bank of Canada rate hikes, it has started to move within a bullish channel completing a Bearish Flag. Now the currency pair has risen to an interesting level. It has returned to the level of the first of the two Canadian rate hikes and very close to the resistance. USD/CAD to monitor (there is still not a "short" signal), my personal view in the medium and long-term is bearish. In my analysis, I used weekly Heikin Ashi chart.
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