📊 Technical Analysis | 1H
#USDCAD
Considering the recent bullish wave and the price reaction around the resistance levels, a trend reversal may occur.
If the support zone is broken, further downside movement is likely.
The marked resistance zone could mark the end of the recent bullish wave.
⚠️ Price reaction to key levels and proper risk management will play an important role in confirming the next market scenario.
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