USDCAD: Top-Down Analysis & Bearish Setup 🇚ðŸ‡ļðŸ‡ĻðŸ‡Ķ

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Hey traders,

USDCAD is approaching a major falling trend line on a weekly time frame.
After the market opening, the price formed a double top formation on hourly time frame.
Then its neckline was broken.

I believe that soon the price may drop lower.

Intraday goals:
1.268
1.2645

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MarketBreakdown | WTI OIL, GBPUSD, USDJPY, SILVER
canadiandollardollarDouble Top or BottomforecastMultiple Time Frame AnalysisTechnical AnalysistradingTrend LinesUSDUSDCADDJ FXCM Index

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