Fundamental Weakness in a Strong Uptrend – Reversal Ahead

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🍁 USDCAD has experienced a strong bullish trend, with an aggressive push to higher prices. However, key fundamental indicators are signaling weakness:

- **Inflation** – Negative
- **Employment Change** – Negative
- **Unemployment Rate** – Negative

Despite the current uptrend, these bearish fundamental factors suggest that momentum could shift. At the very least, a strong pullback is likely, and a full trend reversal remains a possibility. Monitoring price action at key levels will be crucial in the coming sessions.

I placed my SL on Key LvL clusters

Penafian

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