USDCAD is currently trading within a downward channel following a significant decrease in value in recent weeks.
The price has formed an inside bar candlestick pattern and is currently consolidating within the range of the mother bar.
To confirm a sell signal, wait for the price to drop below 1.3797 and close below that level. It is likely that the pair will continue to decline and potentially reach 1.3749, then the psychological level of 1.3700.
The price has formed an inside bar candlestick pattern and is currently consolidating within the range of the mother bar.
To confirm a sell signal, wait for the price to drop below 1.3797 and close below that level. It is likely that the pair will continue to decline and potentially reach 1.3749, then the psychological level of 1.3700.
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Join our Telegram channel for daily market update 👇👇
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For paid signal👇👇 t.me/linofx1999
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.