Possible meaningful top could maybe set in USD CAD?
Price is finding it difficult to break through 1.34 price level as 1.34 is key resistance with it being the 61.4% fib level from 2002 high to 2007 low.
There is also a equal wave pattern coming in at 1.3430.
The wave pattern could also suggest/indicate a possible meaningful top could be near.
Indicators are also showing some divergence.
Price is finding it difficult to break through 1.34 price level as 1.34 is key resistance with it being the 61.4% fib level from 2002 high to 2007 low.
There is also a equal wave pattern coming in at 1.3430.
The wave pattern could also suggest/indicate a possible meaningful top could be near.
Indicators are also showing some divergence.