USDCAD posted a potential double top formation at 1.3542.
A sustained close below 1.3414 would confirm and target 1.3327 initially.
Directly close back above 1.3542 would negative this view and turn the trend higher again.
![](https://theforexart.com/wp-content/uploads/2024/01/Page-19_24-01-30_23-55-28-1024x479.png)
![](https://theforexart.com/wp-content/uploads/2024/01/Page-19_24-01-30_23-55-40-1024x479.png)
![](https://theforexart.com/wp-content/uploads/2024/01/Page-19_24-01-30_23-55-48-1024x479.png)
Algorithmic Trading
USDCAD posted a potential double top formation at 1.3542.
A sustained close below 1.3414 would confirm and target 1.3327 initially.
Directly close back above 1.3542 would negative this view and turn the trend higher again.