Traders, USDCAD as completed an M pattern that we have been watching for weeks. There was an initial reaction. This can run into a confirmation to go long for least first profit target. But beware of a small Head and Shoulders pattern formation too which is the M pattern itself. That can push the price further down. DXY still has room to go down.
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The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions.
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If you found this idea useful, hit the like button and subscribe. If you have your own ideas to share on this market or have a question, comment below so that we can discuss.
Disclaimer:
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions.
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