The USDCAD market is turning short term bearish. A close under 1.3725 alerts for a larger bear decline to 1.3657 and possibly 1.3634. Any corrective rebounds will likely struggle to retrace over 1.3787 if bear forces have control and use congestion to bear flag a setup for selloffs.
Last Updated Date: 19 April 2024 @ 9:23 AM (UTC)
*Please note that all the dates are in GMT time zone