FX:USDCAD   U.S. Dollar / Canadian Dollar
USDCAD trading in the downtrend line
price rebounded from 61.8% fib level and key level around 1.2780
price forming AB=CD pattern
RSI in downtrend line below 50
MACD shows the weakness of bullish momentum
so it's expected bearish movement to pattern target at 161.8% fib level and support level around 1.2520

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.