USDCAD Short Term Forecast
D1 - We have a potential double wave developing to the downside, the price still has room lower towards the 61.8% fibonacci expansion level.
H1 - Bearish trend pattern followed by a double wave correction.
Price has broken below the most recent uptrend line and has retested it. Expecting further continuation lower.
H1 - Bearish trend pattern followed by a double wave correction.
Price has broken below the most recent uptrend line and has retested it. Expecting further continuation lower.
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.