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JJForexAcademy
Nov 22, 2020 10:01 AM

Price Outlook - USDCAD - 8H 

USD/CADOANDA

Description

The pair is within a bullish flag and is currently testing the resistance of the flag. The last candle pattern on the pair seems to be a three line strike, if the pattern follows through we may see the pair rally towards the next resistance zone then attempt to break back into the wedge with the aim of testing its resistance. If the patterns fails we could see the pair drop towards the support zone and decline towards the next major key level.

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