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FX.co ★ USDCAD D1: Bearish Flag

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Technical Analysis Patterns

2025-04-17T16:36:16
Signal strength 5 of 5

USDCAD D1: Bearish Flag

Bearish FlagThe Bearish Flag pattern has been formed on the chart USDCAD D1 which signals that the downward trend will continue. If the price breaks below the low at 1.3767, then it is most likely to move further downwards. The price will likely move by the number of points which equals the length of the flag pole (20 points).
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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Other patterns by USDCAD