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USDCAD - Limited selling

Long
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
Signal_Centre  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Harmonic Patterns Chart Patterns fx Forex forexsignals USDCAD usdcadlong
3
0
trendanalysis harmonicpatterns chartpattern fx forex forexsignals usdcad usdcadlong
Continued downward momentum from 1.4173 resulted in the pair posting net daily losses yesterday.
Selling posted in Asia.
The selloff has posted an exhaustion count on the intraday chart.
Bespoke support is located at 1.3870.
Due to an Ending Wedge formation, we continue to treat extended gains with caution.
The 261.8% Fibonacci extension is located at 1.3887 from 1.4170 to 1.4062.
Preferred trade is to buy on dips.
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