Triangle formation on USDCAD

250
We have a confirmed and strong downside move on USDCAD.
Market tried breaking above on multiple times, but it then pulls back very quickly.

The way price closed just now indicates for a breakout, which most likely will be in the main direction.

If we get a close below previous low or a breakout of the triangle, we could expect to see market down at 1,1955!

At this level we have a yearly support. Be careful if you will be looking for lower values.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.