OANDA:USDCAD   U.S. Dollar / Canadian Dollar
USDCAD TECHNICAL FORECAST.


Looking at USDCAD from our point of view you can see price is currently holding above our 4hourly bullish trendline creating a series of HH & HL.
what i like about the market structure from the weekly prospective is that price rejected our weekly resistance with a bearish Hammer around
(1.28041) taking price back into (1.24255) support level .

From our 4hourly view where price fail to break above our resistance level at (1.25814) level if we see price break below our support trendline i will
look for a continuation to the downside on USDCAD

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