USDCAD may move into 2 different ways.
Option 1, if the price break out the current resistance price 1.36606 , the price may continue move upward.
Option 2, if the price could dropdown and break the price 1.35663, and the patterns also like a head shoulder and top, we may could place a short position.
Option 1, if the price break out the current resistance price 1.36606 , the price may continue move upward.
Option 2, if the price could dropdown and break the price 1.35663, and the patterns also like a head shoulder and top, we may could place a short position.