I believe USDCAD has made a BULLISH WEDGE pattern in day chart. As sterling is strong at the moment so dollar will fall next few days which will lead us to short on USDCAD till it retests its wedge pattern.
If it does then I can see a Cup and Handle pattern is going to happen and then we can long this pair for a good outcomes.
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.