USD/CAD | Technical Outlook 📊
A clear reversal is developing on the USD/CAD chart, with 1.40445 acting as a key level.
As long as price holds and stabilizes above 1.40445, the next upside levels to monitor are:
🎯 1.40806
🎯 1.41475
For now, we will closely monitor price action around the key level. A confirmed breakout or breakdown will provide the next directional signal and help determine the appropriate trading scenario.
Key level: 1.40445
Upside targets: 1.40806 → 1.41475
Wait for confirmation and let price action dictate the next move.
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