USDCAD: Harmonic Movement & Pullback

٣ سبتمبر ٢٠٢٠

USDCAD has reached a strong 4H resistance cluster.
it matches perfectly with a resistance line of a major major falling parallel channel.

+ we have a nice confluence of 618 retracement and completed abcd pattern with D point lying exactly within the identified supply area.

based on that the price will most likely retrace.

target:
1.3095