USD/CAD Price Analysis: The end of the rally is nigh according to market structure

USD/CAD Price Analysis: The end of the rally is nigh according to market structure By ross_burland USDCAD Technical Analysis

Bearish engulfing close to confirm the prospects of a move towards the 38.2% and 50% ratios.

Either way, from a technical standpoint, we can assess the price action and multi time frame market structures to determine the probabilities of whether this is, at least, a meanwhile top. Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.

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