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ErikTheMarketMaker

USD/CAD possible long

Long
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
ErikTheMarketMaker Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Chart Patterns USDCAD USD usdcadlong longsetup
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trendanalysis chartpattern usdcad usd usdcadlong longsetup
Falling wedge formation, currently at the 61.8% fib level. Expecting a higher high. However waiting for a break above the 1.26000 resistance level.

Target around the 1.272 fib level.
Comment:
looks like we will se a lower low
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