will continue to it's downtrend in 4H. looking like will get to it's 161% fib.
we see divergnece on macd and rsi also strong resistance from 1.42200
got to it's resistant on 1.41000 and I think coudn't break it. it goes on an ascending channel from 25th March. but I think we can see a short term bearish trend. we see a bar inside so its best time to short it with low st above channel upper line. will go down till 1.40200
as you see USDCAD has a strong support line from 2015 that couldn't break it till now. we expect that price divergence to a bullish trend . we have divergence on macd and rsi.