USDCAD- 25Mar2022
On the H4, price was still not able to get a bounce. Price looks like it want to complete the downside triangle target at 1.24800 before a bounce.
Stochastic for daily is at support while both H4 and H1 are indicating negative bullish divergence. USDCAD is due for a bounce very soon!
This is for personal record purposes only, not financial advise or solicitation of trade.
On the H4, price was still not able to get a bounce. Price looks like it want to complete the downside triangle target at 1.24800 before a bounce.
Stochastic for daily is at support while both H4 and H1 are indicating negative bullish divergence. USDCAD is due for a bounce very soon!
This is for personal record purposes only, not financial advise or solicitation of trade.