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USDCAD May Form Descending Formation

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
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FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Chart Patterns Technical Indicators Forex trading Technical Analysis USD CAD USDCAD dollar canadiandollar Currencies
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trendanalysis chartpattern indicator forex trading technicalanalysis usd cad usdcad dollar canadiandollar currencies
snapshot

hey traders,

Consolidation proceeds on USDCAD,
the pair has recently set a lower high and it looks like the market may form a descending triangle formation.

to identify the further market direction we should wait for the violation of the current range.


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