Usdcad has started bearish rally after rejection from 1.4690 level. Now this pair is facing huge bearish pressure for that we have seen huge fall on this pair. 1.4425 level can be near term resistance for this pair. Long legged pin bar has been formed on this pair on 1.4425 from where it had retested.
Now this pair is full of bearish momentum. So we need to stay on sell mode on this pair. Next target can be 1.4000 level for pair.
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