USDCAD Bearish Rejection from Supply with Trendline Breakdown..

Mar 20

USDCAD is approaching a strong higher-timeframe supply zone after a sustained bullish move supported by an ascending trendline. Price is showing signs of exhaustion near resistance, with multiple rejections and weakening bullish momentum.

A potential breakdown of the rising trendline could confirm a bearish shift, leading to a move lower. The Ichimoku cloud also suggests slowing bullish strength as price begins to stall near the top.

**Targets:**

* **1st Target:** Around **1.3690** (near previous support and structure level)
* **2nd Target:** Around **1.3640** (deeper pullback into demand zone)

Mar 20

Trade active

active active

Mar 23

Trade closed: target reached

my first target has been successfully achieved now our eyes on next target