USDCAD Head and Shoulder Pattern Identified

7 Kas 2018

Usdcad still stalling after making attempt to break-out from the 5 months resistance zone shown by the channel. The Head and shoulder pattern formed opens a good opportunity to short the Usdcad pair from current price 1.30800 to 1.29350 as bearish moments should be expected over the next 3-4 days.