USDCAD 05.10.21 - H1

Tuesday, October 5, 2021 9:44 AM

Usdcad last weeks candle was sort of a rejection candle but closed bearish. If price can stay below our level of invalidation we should see price keep falling. Yesterday’s daily candle paved the way for the bearish move and today’s Asian session retested the break from yesterday and if price can hold the rejection, we should see price reach our target.