USDCAD Day | Potential bearish reversal?

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TitleUSDCAD Day | Potential bearish reversal?TypeBearish ReversalPreference:Price is currently at our pivot point 1.33807 which is an overlap resistance that aligns with 50% Fibo retracement. if it reverses from here, price could fall to 1st support at 1.32837 which is a pullback support levelAlternative scenario:However, if price breaks above the pivot, it could push to 1st resistance at 1.34616To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts.

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