USDCAD, back to the top for the next bearish impulse.

By ktlfx
Hi Traders,

USDCAD overall looks bearish and we should see short term correction before sellers push down to lower boundary. On HTF price impulsively pushed down from upper boundary and it does not seem to be forming a bearish continuation structure yet a reversal channel which we can see the price make its way back up for a higher probability opportunity.

Thanks
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Chart PatternsDXYMultiple Time Frame AnalysisParallel ChannelUSDCADusdcadlongusdcadshort

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