USDCAD is supposedly going down via a classical H&S pattern, if you look closely.
I remain doubtful about the success of the pattern. Instead, I believe another leg up is in the works, before any meaningful bearish activity may take place.
At present, the pattern is more bullish than bearish.
I remain doubtful about the success of the pattern. Instead, I believe another leg up is in the works, before any meaningful bearish activity may take place.
At present, the pattern is more bullish than bearish.