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Kishore

USDCAD LONG TERM CHANNEL RESISTANCE REACHED!!!!

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
Kishore  
FX:USDCAD   U.S. Dollar / Canadian Dollar
7
0
MARKET ANALYSIS: The Pair is trading inside a long term rising wedge pattern. Now it has reached the resistance level. If the resistance holds we can expect a new downtrend to the next possible support level of the channel. So lets wait and see what the market does in the coming weeks. Cheers!

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