USD/CAD Bearish Rejection Candle Forming off Resistance – Looking to Sell

usdcad bearish rejection

The USDCAD daily chart has started off this week with some pretty decisive price action.

We’ve watched the CAD bears drive the USDCAD up the chart for a few months now, but all good things eventually come to an end – this uptrend can’t last forever. Is it time this market corrected?

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