USDCAD > A Possible Top Here, We Might Move Down!!

Analysis of #USDCAD


The USDCAD looks to be out of momentum here and as you can see it failed to move to a new high.

the trend is still to the upside, but for the time being, I expect the market to move to break trendline resistance and move to the downside, might be just for profit-taking or a shift in the going trend.

right now: the market is not for a buy trade, as we have multiple resistance levels above the current level, and it's not for sell as we are near the support level.




Thanks for your continued support!