Break of trend and retest of structure

Short

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

Updated

FX:USDCAD U.S. Dollar / Canadian Dollar

trendanalysis priceaction usdcad nakedtrading cleanchart

Price has created a double top and failed to make new highs, new trend has formed with LL created and now LH with engulfing candle, providing evidence for rejections.

Comment:

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