The USDCAD has created a head and shoulders pattern at a significant intraday horizontal resistance.
A bearish breakout from this neckline indicates strong selling pressure, suggesting that the pair is likely to continue declining, potentially reaching at least the 1.3600 level.
A bearish breakout from this neckline indicates strong selling pressure, suggesting that the pair is likely to continue declining, potentially reaching at least the 1.3600 level.
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