Hey traders,

Here is my analysis of the USDCAD on the daily timeframe.

Previously I said that price was currently consolidating on the USDCAD.

Last Friday we had a strong close for the bears in the form of a pinbar.

This is a clear and simple signal which indicates that price is looking to move downward.

Simple price action and analysis.
Chart PatternsHarmonic PatternsTrend AnalysisUSDCADusdcadsetupusdcadshortusdcadshortsetup

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