USDCAD May Drop Lower! Here is Why: 🇺🇸🇨🇦

Short

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

OANDA:USDCAD U.S. Dollar / Canadian Dollar

Parallel Channel Rectangle Support and Resistance USDCAD DJ FXCM Index USD dollar Forex fxtrading trader techincalanalysis

parallelchannel rectangle supportandresistance usdcad usdollar usd dollar forex fxtrading trader techincalanalysis

snapshot

USDCAD is trading within a wide horizontal trading range on a daily.
Approaching its resistance, the price formed a double top pattern.
Its neckline was broken on Friday.

I expect a bearish move to 1.328 now

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