USD/CAD Price Analysis: Bears eye a run to 1.3320 as below key H4 structure USDCAD Technical Analysis
There are eyes on a move back into the supply, however, as the pair has painted an M-formation on the charts as the following dailyThe price, however, has taken out a key structure and for that, we can zoom down to the lower time frames:
As we can see, the market is below 1.3393 and 1.3385 4-hour structure. This was a 4-hour bar where the price rallied from previously. Therefore, this is regarded as a key area so it will be interesting to see if the bears can stay below it for longer:Information on these pages contains forward-looking statements that involve risks and uncertainties.
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