USDCAD currency pair on H1 chart has dropped below -1/8 line which gives the potential to descend further down to -2/8 where, according to Murrey Math Lines there is a 95% chance of reversing current trend.

The last closed hourly candle looks at the demand as evidenced a long lower shadow and body growth, and it may be that its aftermath will be launched a new upward move.

0609-USDCAD


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