Potential Falling Wedge Pattern on USDCAD

13 thg 5, 2020

USDCAD currently is in consolidation phase with Falling Wedge Pattern potentially already formed. Breakout on resistance trend line (orange line) might be the signal for long opportunity with the pair.

14 thg 5, 2020

Ghi chú

Here's my next analysis on this setup. It seems like the resistance line was too strong for this momentum to go on.