USDCAD H4 | Potential Bearish Reversal? |

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Title
USDCAD H4 | Potential Bearish Reversal? 

Type
Bearish Reversal

Preference:

Price is rising towards the pivot point of 1.32421 and could potentially reverse from here; we could see momentum carry price down to its 1st support at 1.30985.

Alternative scenario:
If price breaks above the pivot point, it could hit the 1st resistance at 1.33053.

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