ORBEX: USDCAD Triangle Pattern More Likely Now!
The USDCAD triangle pattern seems to be taking its final form, suggesting a marginal upside move before continuing longer to support the longer-term trend.
A successful test near the price/trendline intersection could offer a nice risk/reward medium-term opportunity.
Trade safe
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice
A successful test near the price/trendline intersection could offer a nice risk/reward medium-term opportunity.
Trade safe
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice
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