The last 7 4 hour candles on USD/CAD formed a Triangle pattern and broken out through the pattern lines, indicating a possible bearish movement towards the price level of 1.3722.
Breach of support could mean a start of a bearish trend on USD/CAD
Related Posts
After trying numerous times in the past, GBP/USD finally breaks 1.2570!
GBP/USD has broken through a resistance line. It has touched this line numerous times in the last 4…
We expect a 87 pip movement on USDJPY for the next 4 hours.
Based on the last 12 Non Farm Payrolls events in United States, we could see a $648 movement…
After testing 0.9094 numerous times, USD/CHF has finally broken through. Can we expect a bearish trend to follow?
USD/CHF has broken through 0.9094 which it has tested numerous times in the past. We have seen it…