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USDCAD: Classic Bearish Reversal
美元/加元
做空
USDCAD: Classic Bearish Reversal
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11月5日
3
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3
11月5日
Take a look at the price movement of 📉USDCAD.
Following a test of a significant horizontal resistance level, the price began to consolidate in a tight range.
It then rebounded and broke through both a support line of an upward parallel channel and a horizontal range support.
This suggests that the pair may continue to decline. Target levels to watch for are 1.3874 and 1.3858.
Parallel Channel
Rectangle
Support and Resistance
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