EvanJones
Short

USDCAD = Double top pattern

FX:USDCAD   U.S. Dollar/Canadian Dollar
50 1 6
The price action patterns seem to be on par today.

A nice double top pattern has formed. The trendline is a potential target for the price to retrace before the longer/bigger move out of the breakout of the trendline resumes.

Stops above the two double tops with a safe target for profit around 1.3095.

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EvanJones PRO
4 months ago
As oil hit some lows today this consequently made USDCAD shoot upwards due to correlation. I was topped out for a small loss but my EURAUD worked a treat!
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