USD/CAD - USD is Getting Weaker or Not?
Hi Traders,
When we look at the past of the chart, we had a big head & Shoulders in the monthly and weekly time frames.
This pattern is broken and now the price is pulling back on the neckline and we have a strong selling pressure
We are also on upward channel, which is in lower daily and weekly time frames
After a bullish rally in daily time frames, it looks like the Canadian dollar will be stronger than the dollar, and we can expect a fall to the bottom of the channel, lets see and which one will be winner!
If you would like Update of Any Charts? You Know what to Do 😉💲⏰
*Disclaimer: This is not Signal and you should do your own analysis
Good luck!
Happy/Love Pips 💲❤️
When we look at the past of the chart, we had a big head & Shoulders in the monthly and weekly time frames.
This pattern is broken and now the price is pulling back on the neckline and we have a strong selling pressure
We are also on upward channel, which is in lower daily and weekly time frames
After a bullish rally in daily time frames, it looks like the Canadian dollar will be stronger than the dollar, and we can expect a fall to the bottom of the channel, lets see and which one will be winner!
If you would like Update of Any Charts? You Know what to Do 😉💲⏰
*Disclaimer: This is not Signal and you should do your own analysis
Good luck!
Happy/Love Pips 💲❤️
