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Wednesday, May 25, 2022

USDCAD price fall +3448 points after breakout at Support
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USDCAD Descending Triangle breakout Analysis

USDCAD formed a Descending Triangle pattern in 4 hour chart.

We wait for long time to confirm the breakout from this descending Triangle.

Finally, USDCAD broken the strong support level of the Triangle. 

Due to crude oil price rise, CAD currency must have to get stronger.

So, After the confirmation of Breakout, we have updated the USDCAD Breakout analysis here.

Now, USDCAD price fall +3448 points after breakout.

USDCAD price fall after breakout at support level of descending Triangle
USDCAD price fall after breakout at support level of descending Triangle

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