Resistance: 1.0372 strong/1.0399 moderate/1.0447 minor Support: 1.0323 moderate/1.0296 minor/1.0248 minor Dragonfly Doji (Bear) is just under the pivot point in USDCAD Hourly charts, a moderate bearish pattern below a strong resistance. Given proximity to 1.0372, we can consider shorts under the said price with stops placed above the Pivot Point for a low risk-high reward trade. Immediate objective is 1.0323 then on to 1.0296 break of which gives us a run on the market.
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USDCAD Dragonfly Doji (Bear) Hourly Chart
