USDCAD

💡Chart analysis of the USD/CAD currency pair (daily time frame). The price broke the support structure and shifted to a downtrend. Wait for a retest of the red zone and enter a short position from it if bearish price action (such as a reversal candle) appears. MACD indicator: There are no signs of weakening negative momentum so far, which reinforces the downside scenario.

⛔️Not investment advice for educational purposes only.