USDCAD is falling after the dollar index. I marked on the chart the important level of 1.35029, in comparison with which the price makes a false-break and forms the pattern “Head & Shoulders”.
The upward price channel can be broken, but only if the price breaks the support of the “H&S” pattern or the support of the price channel. The key level is 1.33874, against which you can sell.
The short-term target is the liquidity area at 1.3235.
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