With the appearance of Divergence on the daily chart of the USD/CAD commodity currency pair and supported by the apperance of the Bearish 123 pattern followed by the Bearish Ross Hook (RH) and price movements below the EMA 15, in the next few days The Lonnie has the potential to plunge down to the level of 1.4044 if it succeeds and closes below that level then USD/CAD will continue its weakening back to the level of 1.3840 and if the momentum and volatility of its strengthening support it then 1.3694 will be the next target unless on its way to these targets there is a sudden strengthening again until it breaks through and closes above the level of 1.4362 then all the weakening setups that have been described previously will be canceled by themselves.
(Disclaimer)
