NathanGittens

possible reversal to the downside for usdcad

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
2
double top on weekly the blue area are the top is where market has previous traded back in 2008 and 2009 and hasnt been able to close above it since .. drew a fib retracement from previous swing low to swing high .. zooming into the 4hour this pair has been trading lower highs back to trendline and looks to be forming a possible breakout retest and could drop to 0.236 fib and run down to 0.5 fib
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.