USDCAD fails so far to settle above the monthly resistance(when I say monthly resistance, then i mean by "break" at least a monthly closing). Daily studies signal a bearish divergence on momentum and a potential double top, a break below the latest swing low at 1.0558 may confirm a short term bearish correctional setup.
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Technician
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Price bounced of the main trend line, no break below 1.0560 yet, lets see next week