USDCAD has given a good downside breakout from long term descending triangle pattern, as shown in the chart. Now, it will move towards support 1 and if it breaks support 1, we may see the price moving towards support 2.

Note – Trade with the proper risk management system.

Thanks

Vivek_Samale
Vivek_Samale

I have half a decade of experience as a trader and enthusiastically learning & developing new strategies in algorithm trading & also analyzing the companies with New ESG method.