USDCAD is facing bearish pressure from our first resistance !

Price is facing bearish pressure from the first resistance level, in line with 78.6% fib extension and 50% fib retracement where we could see a drop to our support level where the horizontal swing low is. The EMA is also showing resistance for the price.
CADChart PatternsforexsignalsHarmonic PatternsTrend AnalysisUSDUSDCAD

This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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