USDCAD - A potential inverted head and shoulder price pattern is quite visible in the 45 minutes time frame and if completed, then this could be an opportunity for a long trade.
Watch for prices to break and hold above 1.29357 to confirm the change of direction
The first target is at around 1.30959
The second target is at around 1.31705
Failure to hold above 1.28101 could provide a short opportunity. The price target is at around 1.27017 - 1.25946
Watch for prices to break and hold above 1.29357 to confirm the change of direction
The first target is at around 1.30959
The second target is at around 1.31705
Failure to hold above 1.28101 could provide a short opportunity. The price target is at around 1.27017 - 1.25946