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Alternative scenario:
Price could bounce off the pivot at 1.3263, and rise to the 1st resistance level at 1.3363. the overlap resistance.
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Title
USDCAD H4 | Bearish breakout
Type
Bearish Reversal
Preference:
USDCAD could continue with the downward momentum and breakout of the pivot at 1.3263, an overlap support, and price reversing to the 1st support at 1.30984, the overlap support.
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منبع: https://www.tickmill.com/blog/usdcad-h4-bearish-breakout-26th-december-2023
