Dólar Americano/Dólar Canadense
Viés de baixa

USDCAD BEARISH MOMENTUM

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The price has been in an uptrend since September, making higher highs and higher lows. A sharp rejection from the recent high indicates potential bearish pressure. The price is currently hovering near a support leveL , The chart also indicates a possible head and shoulders reversal pattern. If the price breaks below the (support), it may continue down towards the 1.38542 level. If the price bounces from the support zone, a temporary bullish retracement could occur before further downside.

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