Title
USDCAD H4 | Potential bearish breakout
Type
Bearish Breakout
Preference:
USDCAD could continue with the downtrend and breakout of the pivot at 1.32575, the pullback support, and fall to the 1st support level at 1.30971, the swing-low support
Alternative scenario:
Price could bounce at the pivot at 1.32575, and rise to the 1st resistance at 1.33716, the pullback resistance.
Source: Tickmill
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