Usdcad bearish entry level
🌟 USDCAD Analysis 🌟
I shared this last before it got to the entry.
We've seen a strong uptrend in #usdcad for a while now, but what's next? 📈
✔️ Double high formation
✔️ A nice bearish engulfing pattern breaking out of the trend
Now there is a retest on the trendline, and then it's time to buckle up for a bearish loooong ride! 🔥
Let's see how it plays out and if the bears can take control! 🐻
Note: This base on technical factors
Two very high impact news this week, PPI and CPI
I shared this last before it got to the entry.
We've seen a strong uptrend in #usdcad for a while now, but what's next? 📈
✔️ Double high formation
✔️ A nice bearish engulfing pattern breaking out of the trend
Now there is a retest on the trendline, and then it's time to buckle up for a bearish loooong ride! 🔥
Let's see how it plays out and if the bears can take control! 🐻
Note: This base on technical factors
Two very high impact news this week, PPI and CPI
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