USDCAD Breakout From Classic Descending Triangle Pattern

U.S. Dollar / Canadian Dollar (OANDA:USDCAD)

OANDA:USDCAD U.S. Dollar / Canadian Dollar

trendanalysis chartpattern usd cad usdcad usdcadanalysis longtrade shortrade technicalanalysis technical_analysis

USDCAD has given a breakout from descending triangle pattern which is classic bearish pattern or it is indicate trend reversal as you can see in chart it has taken support @1.3995 and it will move towards the resistance zone for price correction and again it might move to make new low @ 1.3751 which will be next target price for USDCAD Pair.

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