USDCAD: Time For Pullback?! 🇺🇸🇨🇦
USDCAD looks quite overbought after a strong bullish rally that we saw last week.
The price stopped growing after it reached a key daily resistance.
We see a formation of a double top on that on an hourly time frame
with a confirmed neckline violation.
We may see a retracement from the underlined structure
at least to 1.3729
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