USDCAD closed bullish on the daily, suggesting a potential retest of 1.43100 before resuming bearish momentum. Key sell zones remain at 1.43100 and 1.41000 for the continuation trade. However, if price closes bullish back into the range above 1.43500, the bearish bias would be invalidated for now, and we may need to reassess market structure.
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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.