A Channel Down pattern was identified on USDCAD at 1.38207, creating an expectation that it may move to the resistance line at 1.3853. It may break through that line and continue the bullish trend or it may reverse from that line.
Target: 1.3853 Entry: 1.3821 Stop: 1.376
Approaching Support level of 57.89 identified at 12/9 05:30. This pattern is still in the process of forming. Possible bearish price movement towards the support 57.89 within the next 5
USDCAD is approaching a support line at 1.4366. If it hits the support line, it may break through this level to continue the bearish trend, or it may turn around
Butterfly Fibonacci pattern identified at 11/3 04:00. This pattern is still in the process of forming. Possible bearish price movement towards target levels ranging from 4,048.25 to 3,876.87 within the