Based on Higher TF structure of USDCAD, It is yet to retest zones that have high liquidity needed for further downside move. This is a potential trade set up of the pair. TRADE what you see not what you feel.
DISCLAIMER: THIS IS ONLY A POSSIBILITY not a guarantee. The point of technical analysis is to understand structure and have clarity of the charts not so much predicting the chart but equip us for better reaction.
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