US-Dollar / Kanadischer Dollar
Short

USDCAD: Local Bearish Reversal 🇺🇸🇨🇦

https://www.tradingview.com/x/l1l6f7RK/

USDCAD is trading within a huge rising wedge pattern on a daily time frame.

After a test of an upper boundary of the wedge, the price formed a double top formation
and violated its neckline yesterday.

We may expect a bearish movement to the support of the wedge now.

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Haftungsausschluss