Hi everyone:
Nice potential pullback can be happening here on USDCAD. We can see on the 4 hr chart the price action is over extended and in need of a pullback. The price action is currently forming a falling wedge, a reversal potential to the upside.
Potential target at 1.2800, 38.20% retracement on the daily chart.
Thank you for your support and feedback.
JoJo
Nice potential pullback can be happening here on USDCAD. We can see on the 4 hr chart the price action is over extended and in need of a pullback. The price action is currently forming a falling wedge, a reversal potential to the upside.
Potential target at 1.2800, 38.20% retracement on the daily chart.
Thank you for your support and feedback.
JoJo
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Related publications
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.