Biaxar

USDCAD Bearish Scenario

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
In this timeframe, USDCAD has reached a significant supply zone. We can expect a reaction, making sell setups viable here. Over the past 100 days, there has been a strong bullish trend, with even minor correction waves showing bullish characteristics. This adds risk to the current scenario.
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