On the USDCAD daily chart we see another failed test to break 1.3240 and 200 SMA with hard rejection yesterday, and now it seems that the pair is making a double top with the neckline at 1.3000. If this neckline is broken this will be confirmed pattern with targets much lower and with a hard downside resistance at 1.2900.
Happy trading! (click on the chart to enlarge it)
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