after taking the sell liquidity, usdcad react on the demand zone with a bullish engulf pattern, hence price will reach the supply zone for a possible sell to a target 1.31389
Note
there is an engulfing pattern in 15m TF which could indicate the bear exhaustion and a possible retracement to 1.320851, USDCAD might not reach the targeted price value 1.31389
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Disclaimer
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.