Potential Inverted H&S - Need to see a Neckline break at 87.40 for confirmation
This pattern ties into fundamentals, there is a price differential between CAD & Commodities calling for an overshoot of CAD bearishness. Unless Commodities sell off sharp, CAD is likely to retrace some of it's losses.
This pattern ties into fundamentals, there is a price differential between CAD & Commodities calling for an overshoot of CAD bearishness. Unless Commodities sell off sharp, CAD is likely to retrace some of it's losses.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.