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USDCAD: Wedge Breakout & Bearish Continuation
U.S. Dollar / Canadian Dollar
Short
USDCAD: Wedge Breakout & Bearish Continuation
By VasilyTrader
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Jul 8, 2020
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Jul 8, 2020
USDCAD broke below a rising wedge pattern on 1H after it reached a strong 4H structure resistance.
the price has formed a triple top formation on that level and broke minor structure support as well.
now we can expect a bearish movement to lower levels:
1.3567
1.3529
CAD
canadiandollar
Currencies
Forex
fx
Supply and Demand
Trend Analysis
USD
USDCAD
DJ FXCM Index
USD (US Dollar)
Wedge
VasilyTrader
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