USDCAD, “US Dollar vs Canadian Dollar”
USDCAD has formed a Shooting Star reversal pattern on H4. Currently, the instrument might go by the reversal signal in a correction wave. The pullback target could be 1.3670. Next, the price might rebound from the support and continue its upward momentum. However, the quotes could rise to 1.3770 without testing the support level.
Origin: RoboForex
