USDCAD has been in a uptrend since September last year.
Over the last few weeks the uptrend has paused without really selling off and forming a bullish chart pattern. If valid, this could suggest the market is coiling for the next leg up.
Over the last few weeks the uptrend has paused without really selling off and forming a bullish chart pattern. If valid, this could suggest the market is coiling for the next leg up.
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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.