Daily Forex Update: USD/CAD

The rollover on the USD/CAD’s 240-minute chart has finally been confirmed, with bears pushing prices lower through the Rising Wedge pattern’s uptrend line support. Since the rejection along 1.0650 and the drop lower through 1.0600 there has been a slow but steady shift in the bullish sentiment of the USD/CAD. The Rising Wedge has triggered [...]