Tag - cad - canadian dollar

USD/CAD: loonie learned 3 moves
USD/CAD: loonie learned 3 moves

On the daily chart, USD/CAD keeps forming “Three moves” pattern as well as “Spike and reversal with acceleration”.

USD/CAD: loonie is starting to fight
USD/CAD: loonie is starting to fight

On the daily chart of USD/CAD, the formation of the senior and junior AB=CD patterns provoked a pullback in line with the “Three moves” pattern.

USD/CAD: bears want revenge
USD/CAD: bears want revenge

On the daily chart, USD/CAD reached 127.2% and 200% targets of the senior and junior AB=CD. This increases the risks of a reversal.

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