USDCAD showing signs of a sharp reversal after breaking a major trend line yesterday
Bearish invalidation at 1.32471 area
Possible ascending triangle pattern in the works
Bearish invalidation at 1.32471 area
Possible ascending triangle pattern in the works
Comment:
Keep an eye out for rejection at the former major trend line. Bearish signals between there and 1.32471 may be a strong sign of a larger bearish trend at hand.