USDCAD

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USDCADUS Dollar / Canadian DollarEIGHTCAP:USDCADSerana2324USDCAD After a powerful bullish run, USD/CAD has reached a major resistance zone around 1.41782 - 1.42088. Price is showing signs of exhaustion near this area, and if buyers fail to break above resistance, a pullback could develop. The first bearish target sits at 1.41308, with further downside potential toward 1.40881 and 1.40293. A decisive breakout above 1.42088 would invalidate πŸ“‰ Bias: Bearish below 1.42088 πŸ”» Targets: 1.41308 β†’ 1.40881 β†’ 1.40293 🚫 Invalidation: Sustained break above 1.42088 πŸ”₯Trading futures, forex, CFDs and stocks carries a risk of loss. Please consider carefully whether such trading is suitable for you. >>GooD Luck 😊 ❀️ Like and subscribe to never miss a new idea!