GCGoldenCircle

Bearish enngulfing keeps bears hope up

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
As you see we are in a rising slope. Pattern thats found is a rectangle or thee above shown rising wedge a break of the 1.31700_5 shall open up the 1.31166_1.31flat

Another thing for the move to happen it needs to break and retest older supports that have been keeping price from slumping even further so any break of 1'30 shall

Decline the 1'29 & when & if it holds a bear bias id look for the 1'280_1.2795

Aslong as 33200 is still intact I'd expect this
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.