USDCAD had completed the head and shoulders continuation as previously outlined in my last USCAD post.
The pair has trended back up to test a very strong resistance and now is bearishly engulfing the previous candle for a confirmation of rejection.
The pair will continue to trend down as per my analysis.
The pair has trended back up to test a very strong resistance and now is bearishly engulfing the previous candle for a confirmation of rejection.
The pair will continue to trend down as per my analysis.
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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.