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USD/CAD Signal - US FOMC Member Harker Speech - 22 June 2022

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Signal Details
Entry Price: 
1.29858
Take Profit: 
1.28636
Stop Loss: 
1.30237
Direction: 
Sell
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USD/CAD is trading to the downside today prior to the US FOMC Member Harker Speech. There is further confluence with price forming a head and shoulder pattern signaling a drop in price. We anticipate a bearish move down to level 1.28636

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Disclaimer: The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion. All risks and coasts associated with online trading are your responsibility.