joe.douglas89

Flag Pattern Emerging USDCAD

FX:USDCAD   U.S. Dollar / Canadian Dollar
A symmetrical triangle pattern is emerging on USDCAD             but which way is it going to go?

I think looking at previous resistance points that a bearish outcome is likely.
So it broke out bullish is the 1.2616 and then settling on the 1.2576 resistance level. My guess is it will fall back to around the 1.2400 area. Who knows?
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Sorry the lines have not matched up.
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