The Canadian Dollar pair is trading within a symmetrical triangle. The pair has reached its lower border and is trying to break through the upper border to reach the completion of the bat harmonic pattern near 1.3585/95 levels on the hourly time frame.
However, if the triangle is broken downwards, it is possible that we will first reach the levels of the rising trend at the levels of 1.3500 to 1.3490, from which the pair will rise.
This scenario fails if the trend is broken and closes below.
