USDCAD is predicted to be bullish
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Looking at the H4 TF the USDCAD market is still heading into a bearish trend or is doing a temporary price correction, and most likely it will go up and retest for a while and form some harmonic patterns. If the resistance area is broken, it means that the market has given a signal that the USDCAD market will increase to the next resistance area, the same as what happened on 20 Dec 20221.
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Keep an eye on the market, especially news related to the USD currency and its relation to the American economy.
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Don't forget to follow me for more ideas.
.
Looking at the H4 TF the USDCAD market is still heading into a bearish trend or is doing a temporary price correction, and most likely it will go up and retest for a while and form some harmonic patterns. If the resistance area is broken, it means that the market has given a signal that the USDCAD market will increase to the next resistance area, the same as what happened on 20 Dec 20221.
.
Keep an eye on the market, especially news related to the USD currency and its relation to the American economy.
.
Don't forget to follow me for more ideas.