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JinDao_Tai

Could the USDCAD reverse?

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
JinDao_Tai  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Technical Indicators Fundamental Analysis Forex fx USDCAD USD CAD reversal Pin Bar
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trendanalysis indicator fundamental forex fx usdcad usd cad reversal pinbar
The USDCAD shot up, touched the 1.3665 (bottom of the resistance area), and formed an h4 pinbar, signaling a rejection of the resistance area.

The question now is, will the USDCAD break the upward trendline to signal a reversal? This could see the price trade down to the 1.3450 (round number level) and 1.3470 price level (50% Fibonacci retracement level) support area.
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