USDCAD is Bearish
Price action was controlled by bulls, however the matured bearish emergence on 15 min time frame indicates that bears are waking up and trying to gain control. Last higher low was broken and a lower low was printed after which the price has failed to print a new higher high and there are good chances that if the price breaks previous lower low, it will start moving down. Targets are mentioned on the chart.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.