USDCAD: Wedge Breakout & Bearish Continuation

8 ביולי 2020

USDCAD broke below a rising wedge pattern on 1H after it reached a strong 4H structure resistance.

the price has formed a triple top formation on that level and broke minor structure support as well.

now we can expect a bearish movement to lower levels:
1.3567
1.3529