USDCAD is facing bearish pressure from our first resistance !

USDCAD is holding below the descending trendline and is testing the 78.6% fib retracement. Price could reverse here towards 1st support where the horizontal pullback support it. Stochastics is also showing signs of resistance.
CADChart PatternsforexsignalsHarmonic PatternsTrend AnalysisUSDUSDCAD

This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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