Weekly Harmonic pattern completion near 1.54,,,
But will USDCAD continue to rally straight into the PRZ, or will it pull back to weekly support near 1.3 before the next bullish move?
The 78.6 Fib level is usually a reversal level and it can be the one that will stop USDCAD's advance towards the 88.6 Fib level.
The interesting scenario here is the weekly bearish Gartley that was formed on the RSI indicator in oversold territory
Expecting high volatility today!
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But will USDCAD continue to rally straight into the PRZ, or will it pull back to weekly support near 1.3 before the next bullish move?
The 78.6 Fib level is usually a reversal level and it can be the one that will stop USDCAD's advance towards the 88.6 Fib level.
The interesting scenario here is the weekly bearish Gartley that was formed on the RSI indicator in oversold territory
Expecting high volatility today!
Follow me on TradingView
Visit my blog - goo.gl/78KZsl
Subscribe to the newsletters - goo.gl/psNTqg