USDCAD is moving up to a current resistance level and has created a rising wedge that is bound for a possible reversal. The market is at a very good downtrend and with this rising wedge its going to go down like crazy.
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.