ArminAcademy

USD/CAD - USD is Getting Weaker or Not?

שורט
OANDA:USDCAD   דולר אמריקאי / דולר קנדי
Hi Traders,

When we look at the past of the chart, we had a big head & Shoulders in the monthly and weekly time frames.

This pattern is broken and now the price is pulling back on the neckline and we have a strong selling pressure
We are also on upward channel, which is in lower daily and weekly time frames

After a bullish rally in daily time frames, it looks like the Canadian dollar will be stronger than the dollar, and we can expect a fall to the bottom of the channel, lets see and which one will be winner!

If you would like Update of Any Charts? You Know what to Do 😉💲⏰

*Disclaimer: This is not Signal and you should do your own analysis

Good luck!
Happy/Love Pips 💲❤️

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