USD/CAD 10H ANALYSIS

1 thg 9, 2022

I Believe USD/CAD is approaching a strong reversal area as it is forming a double top on the 10h time frame. I am expecting a break of the latest 10h support line (pink) down to the overall 10h support line (green). I also believe the (green) support will hold, creating a triple top before the pair finally crashes to the downside, finally reversing the trend.