USDCAD: Time For Pullback 🇺🇸🇨🇦

Long

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

OANDA:USDCAD U.S. Dollar / Canadian Dollar

Wedge Multiple Time Frame Analysis Support and Resistance USDCAD DJ FXCM Index Forex forexsignals tradingsignals fxtrading trader Contains image

wedgepattern mtfa supportandresistance usdcad usdollar forex forexsignals tradingsignals fxtrading trader containsimage

snapshot

USDCAD reached a key horizontal daily support.
The market became quite oversold, forming a falling wedge pattern
on an hourly time frame.

The resistance of the wedge was broken after the market opening.
We can anticipate a pullback now to 1.340 / 1.342

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