USDCAD LOSING MOMENTUM AND GOT OVEREXTENDED

The us dollar struggeled hard this year versus the canadian dollar after seeing such a bearish pair and it got overextended around 1.25000 and formed a wedge pattern then ISM caused the pair to skyrockedto around 1.30000 hitted the previous top indicating a weakness in the zone from the RSI and a rising wedge pattern and could potetentially fall back to previous support around 1.27600 wich was a previous support and resistance making it a valible target.



STOP : 1.30500
TARGET : 1.27600