linofx1

USDCAD : Bearish Reversal Coming?!

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
A significant head and shoulders pattern has emerged on the intraday chart of USDDCAD.

The pattern's neckline was breached during the Asian session, with a candle closing below it.

I anticipate a downward trend from here on, with the next support level likely at 1.3670.

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