USD/CAD is showing inverted hanging man dailycandlestick

After topping at 1.0082 Yesterday failing to remain high the pair gave daily closure at 1.0046 giving a reflection of bearish rejection.

Today the bulls tried harder topping at 1.0085 few pips above Yesterday’s high. However, the formed candlestick depicted on the chart ” inverted hanging man ” reflects sever bearish rejection and possiblity of revrese of the ongoing movement.

Level 0.9960 would be targetted as long as this bearish scenario remains valid by cosnolidating below 1.0080..
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