![CAD: The Canadian Dollar looks ready to reverse [Video]](https://editorial.fxstreet.com/images/Markets/Currencies/Majors/USDCAD/canadian-dollars-57161236_XtraLarge.jpg)
The Canadian Collar had formed a bearish Crab pattern on the four-hours chart. Canadian crosses look prime for corrections or reversals with CADJPY being the favoured play.
Author
Ian Coleman
FXStreet
Ian started his financial career at the age of 18 working as a Junior Swiss Broker at Godsell Astley and Pearce (London). He quickly moved through the ranks and was Desk Manager at RP Martins at the age of 29.
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