Potential Falling Wedge Pattern on USDCAD

By INVESTCADEMY_ID
Updated
USDCAD currently is in consolidation phase with Falling Wedge Pattern potentially already formed. Breakout on resistance trend line (orange line) might be the signal for long opportunity with the pair.
Comment
Here's my next analysis on this setup. It seems like the resistance line was too strong for this momentum to go on.
USDCAD Major Resistance Holds, Rising Wedge Broken!
Bullish PatternsFalling WedgeTrend AnalysisUSDCADwaveWave AnalysisWedge
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