USDCAD: Bearish Move From Key Level 🇺🇸🇨🇦

Short

U.S. Dollar / Canadian Dollar (OANDA:USDCAD)

OANDA:USDCAD U.S. Dollar / Canadian Dollar

Double Top or Bottom Multiple Time Frame Analysis Support and Resistance USDCAD canadiandollar priceaction priceactionanalysis priceactiontrading CAD forecast

doubletoporbottom mtfa supportandresistance usdcad canadiandollar priceaction priceactionanalysis priceactiontrading cad forecast

snapshot

USDCAD is testing a key daily resistance.
The price formed a double top pattern on that on a 4H time frame.
The neckline of the pattern is now broken.

I think that we can expect a retracement from the underlined yellow area.
Goal will be 1.3325

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