USDCAD: Potential Beaflag Forming Below The Moving Averages
The ADX looks like it will soon be crossing below the 25 Line and Confirming the Downtrend as the USD/CAD Bearishly Consolidates below the Daily Moving Averages. My Targets will be the Square-Up between the 78.6% and 100% Retraces
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The USDCAD has confirmed a Daily Bearish Enguilfing Candle near the Highs of the Potential Bear Flag:
