USDCAD facing pressure pressure from 1st resistance!

Short

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

FX:USDCAD U.S. Dollar / Canadian Dollar

trendanalysis harmonicpatterns chartpattern usd cad usdcad forexsignals

USDCAD is going up to test our 1st resistance and might reverse further from there towards 1st support where the key fib retracement level 61.8% fib retracement is. EMA(34) is also showing signs of bearishness.

This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results

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