USDCAD Faces Negative Pressure

By DennisDims
Updated
USDCAD experienced bearish pressure to break the trendline and hit 1.36070.

Price has retraced back to the trendline/pivot and faced some rejection suggesting continuation of the bearish move.

Initial target is 1.35180.
Trade closed: target reached
Chart PatternsDXYTrend AnalysisTrend Line Break

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