USDCAD is forming a descending triangle pattern at the top which indicates the trend reversal. Also, it is trading in channel pattern on the downside if USDCAD break from descending triangle pattern we might see a further downside in the USDCAD towards the support line of the channel pattern.

Like/Comment/Follow For More Idea
Note – Trade With Proper Risk Management System Only

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.