USDCAD 4 Hour Analysis (11 July - 12 July 2023)

USDCAD 4 Hour Analysis (11 July - 12 July 2023)

1. Price just broke the lower trendline

2. Also, we can see bullish divergence in Stochastic

3. Also, the price is in oversold area of stochastic

4. So, for bearish entry we have to wait for pullback

5. Else, if the price enters the trendline again, we
can expect some bullish entry,
Chart PatternsTechnical IndicatorsTrend Analysis

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