USDCAD H4 | Potential bearish breakout


USDCAD H4 | Potential bearish breakout

Bearish Breakout

USDCAD could continue with the downtrend and breakout of the pivot at 1.32575, the pullback support, and fall to the 1st support level at 1.30971, the swing-low support

Alternative scenario:
Price could bounce at the pivot at 1.32575, and rise to the 1st resistance at 1.33716, the pullback resistance.

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