USD/CAD turns bearish as five waves unfold from the highs
USDCAD broke below key 4H trendline supports and completed a five-wave decline from the highs, signaling a potential shift toward a deeper bearish correction. A short-term recovery toward 1.4120–1.4160 may occur before sellers regain control.
USDCAD broke below key 4H trendline supports and completed a five-wave decline from the highs, signaling a potential shift toward a deeper bearish correction. A short-term recovery toward 1.4120–1.4160 may occur before sellers regain control.
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