USD/CAD

Today on our radio show I was inspired to challenge myself to analyzing a new pair so I took on the USD/CAD. As I initially started I couldn't help notice the signs of a Major bullish Triangle forming on the daily chart. After I completed the analysis all the way down to the 180 and 60 minute; I couldn't help but leaning more towards the obvious bearish signals seen on the monthly chart.

As much as I would like to make a clear conclusion on the breakout direction, it looking like this may be a work in process and/or a good old' fashioned reality example.

Currently bearish and will keep my eyes peeled:)