AnriErikanov
Short

USDCAD LOSING MOMENTUM AND GOT OVEREXTENDED

FX:USDCAD   U.S. Dollar / Canadian Dollar
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1
The us dollar struggeled hard this year versus the canadian dollar after seeing such a bearish pair and it got overextended around 1.25000 and formed a wedge pattern then ISM caused the pair to skyrockedto around 1.30000 hitted the previous top indicating a weakness in the zone from the RSI and a rising wedge pattern and could potetentially fall back to previous support around 1.27600 wich was a previous support and resistance making it a valible target.



STOP : 1.30500
TARGET : 1.27600

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