Following the dovish BoC & pump in the USDCAD, it came into a key area.
The 50% retrace of the November->January decline.
The median line in this long-term pitchfork, which has been incredibly clean
Pivot zone around ~1.3125 & 1.3135
Reversal candlestick pattern adds another potential bearish indicator
4hr pitchfork
The 50% retrace of the November->January decline.
The median line in this long-term pitchfork, which has been incredibly clean
Pivot zone around ~1.3125 & 1.3135
Reversal candlestick pattern adds another potential bearish indicator
4hr pitchfork
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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.