USD/CAD forming a nice reversal pattern, remain bearish

Price continues to test our selling area and is starting to form another nice reversal pattern. We remain bearish looking to sell on major resistance at 1.2859 (Fibonacci extension, Fibonacci retracement, horizontal overlap resistance, bearish divergence) for a push down to at least 1.2708 support (Fibonacci retracement, horizontal pullback support). Stochastic (34,3,1) is showing major […]