There high chance of USDCAD melting to the downside because its at a strong resistance on the Higher timeframes such as the daily but this could be also a chance for the bulls to push price higher as its in a uptrend but the longer term picture of this pair is bearish but we will see what the US/london session offers with a directional bias
Beyond Technical AnalysisbuyCADcanadiandollarneutralSELLTrend AnalysisUSDUSDCAD

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