Technically, we can see the ascending triangle pattern on USDCAD Daily. and a breakout occurred in the support area, there was also a retesting.
This will increase the possibility of USDCAD to be bearish in the future. a false retest can occur due to fundamental factors that change every day, the main focus of the USDCAD pair at the moment is oil prices, inflation, monetary and fiscal policy.
This will increase the possibility of USDCAD to be bearish in the future. a false retest can occur due to fundamental factors that change every day, the main focus of the USDCAD pair at the moment is oil prices, inflation, monetary and fiscal policy.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.