#USDCAD: Bearish Rally Continues
USDCAD is likely to continue its downward trend following a retest of a previously broken support level.
Additionally, a bearish flag pattern was formed with a breakout below a support line, further indicating a potential decrease in price.
It is anticipated that the price will soon reach the 1.4161 to 1.4139 level.
Additionally, a bearish flag pattern was formed with a breakout below a support line, further indicating a potential decrease in price.
It is anticipated that the price will soon reach the 1.4161 to 1.4139 level.
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Disclaimer
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