USDCAD, “US Dollar vs Canadian Dollar”
USDCAD has formed a Shooting Star reversal pattern on H4. Currently, the instrument is going by the reversal signal in a descending wave. The correction target could be the 1.3485 level. Next, the price has a chance for a rebound from the support and an uptrend development. However, the quotes could rise to 1.3560 without testing the support.
Origin: RoboForex
