USDCAD bearish moves

USDCAD bearish moves


The double bearish flag can be seen, also this has been confirmed by the falling wedge . This does mean that it would be best to keep an eye on the market as the price is going to most likely breakout the resistance top of this falling wedge eventually. Looking at the RSI and chart patterns I believe that the price is going to fall as it does not look like it has got enough strength to be able to break this resistance level on this occasion. I would keep everyone updated on any signals I am able to find over the next few days, that may give everyone a much clearer future direction.