With two consecutive weekly inverted hammers (though bullish inverted hammers), USDCAD is likely setting itself up for bearish momentum.

IF the currency pair can close below 1.34150, that will be a good signal for bears to be introduced otherwise,the pair may continue to go up.



N.B!
- USDCAD price might not follow the drawn lines. Actual price movements may likely differ from the forecast.
- Let emotions and sentiments work for you
- ALWAYS Use Proper Risk Management In Your Trades

#usdcad
Economic CyclesFractalSupport and Resistance

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