#USDCAD is presenting a nice bearish opportunity after breaking a Daily trend line. It came back to retest the broken are forming a nice HEAD AND SHOULDERS PATTERN with an H4 bearish engulfing candle on the second shoulder.
Our expectation is to see price hitting the 1.3000-1.28000 level.
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.