USDCAD INVERSE HEAD & SHOULDER RESTEST, CONTINUATION
Quite simply this chart speaks for itself. I have a inverse head and shoulders with a weekly key level (turquoise line) acting as a neckline. NFP last friday saw short term weakness and possibly into this upcoming week. A hanging man at the top of a uptrend could ee price fall to the downside 60/70 pips test the neckline before seeing another swing to the upside with 1.3600 on the cards. Last week we finally broke above the weekly as a resistance now seen as a support.
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