On the 4-hour chart, USDCAD is experiencing a short-term oscillation and decline, with a bearish trend prevailing. Currently, attention can be paid to the area around 1.3610, which is a potential buy point for a bullish bat pattern and is within the previous demand zone.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.