๐จ๐ฆ๐/๐๐๐ ๐๐ฎ๐ถ๐น๐ ๐๐ป๐ฎ๐น๐๐๐ถ๐ US Dollar vs CanadianPEPPERSTONE:USDCADShaboS๐จ๐ฆ๐/๐๐๐ ๐๐ฎ๐ถ๐น๐ ๐๐ป๐ฎ๐น๐๐๐ถ๐ | ๐๐๐ด๐๐๐ ๐ญ๐ฏ, ๐ฎ๐ฌ๐ฎ๐ฒ Yesterdayโs **CPI release initially showed USD weakness**. Liquidity below the market was taken once again, followed by a strong counter-move to the upside. Fundamentally, the USD may remain **bearish**. However, price sometimes needs **fuel** before it can continue its larger move lower. Therefore, I can see a potential **bullish retracement within the broader bearish trend**. There are **equal highs** sitting almost exactly around the **equilibrium of the current bearish trend**. This liquidity could become an attractive target for a retracement. Yesterday, USD/CAD also delivered a **bullish MSS on H1**, while the **H1 FVG was only partially touched**. If price returns to this area, fills the H1 FVG and reacts within the **OTE zone**, a long setup becomes interesting. ๐ ๐ ๐ฝ๐ฟ๐ฒ๐ณ๐ฒ๐ฟ๐ฟ๐ฒ๐ฑ ๐๐ฐ๐ฒ๐ป๐ฎ๐ฟ๐ถ๐ผ: **๐๐ผ๐ป๐ฑ๐ผ๐ป ๐๐ฒ๐๐๐ถ๐ผ๐ป โ ๐๐ถ๐พ๐๐ถ๐ฑ๐ถ๐๐ ๐ฟ๐ฎ๐ถ๐ฑ โ ๐๐ญ ๐๐ฉ๐ ๐ฟ๐ฒ๐๐ฟ๐ฎ๐ฐ๐ฒ๐บ๐ฒ๐ป๐ โ ๐ข๐ง๐ ๐ฟ๐ฒ๐ฎ๐ฐ๐๐ถ๐ผ๐ป โ ๐๐ผ๐ป๐ด** Ideally, London would establish the **low of the day**, followed by a move higher. The distance to the equal highs is approximately **150 pips**, providing a substantial potential draw on liquidity. The broader trend remains bearish โ I am simply looking for the **fuel for the next move lower**. **๐ก๐ผ ๐ข๐ง๐, ๐ป๐ผ ๐๐ฟ๐ฎ๐ฑ๐ฒ.** *Disclaimer: This content is for educational and informational purposes only and does not constitute financial or investment advice. Trading financial markets involves substantial risk, and past performance is not indicative of future results. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Always conduct your own research and consider your individual risk tolerance before making any trading decisions.*