With two consecutive weekly inverted hammers (though bullish inverted hammers), USDCAD is likely setting itself up for bearish momentum.
IF the currency pair can close below 1.34150, that will be a good signal for bears to be introduced otherwise,the pair may continue to go up.
N.B! - USDCAD price might not follow the drawn lines. Actual price movements may likely differ from the forecast. - Let emotions and sentiments work for you - ALWAYS Use Proper Risk Management In Your Trades
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