USDCAD: Confirmed Bearish Reversal?! 🇺🇸🇨🇦

٣١ يناير ٢٠٢٤

https://www.tradingview.com/x/ewkf7CT2/

I see multiple bearish clues on USDCAD.

The pair is trading in a bearish trend,
lower highs are respecting a falling trend line.

After its last test, the price formed a double top formation,
and violated both its neckline and a support line of a rising wedge.

These bearish signals indicate that the market may return to a bearish trend.

I expect a bearish continuation to 1.335 / 1.330

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