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U.S. Dollar / Canadian Dollar

USDCAD Bearish breakout triangle

By botje11
Looks the triangle broke and that trend line as well. No real follow through yet, so it could bounce up a bit first. If this happens, it should not break the red zone. That would complete a retest of the triangle. A break of the green support, should increase the chances a lot of dropping towards the 1.330


Previous analysis:
USDCAD Short play
Beyond Technical AnalysisCADCADUSDChart PatternsForexTrend AnalysisUSD
botje11

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