Get started
CurrencyDaddyX

USSCAD: A SHIFT IN DOLLAR?

U.S. Dollar / Canadian Dollar (FX:USDCAD)  
CurrencyDaddyX  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Chart Patterns USDCAD usdcadsell usdcadshort usdcadbearish usdcadanalysis usdcadforecast usdcad4hr usdcadsetup usdcadidea
0
1
trendanalysis chartpattern usdcad usdcadsell usdcadshort usdcadbearish usdcadanalysis usdcadforecast usdcad4hr usdcadsetup usdcadidea
Reuters reports dollar retreats from 2 months high.

An interesting observation and looking at the charts, we can see a text book chart pattern.

Downward trend and a retest to a significant level.

We understand a fake out from the descending price could happen.

Watch out. Comment what you think
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.