Signal USDCAD Sell — M15 - June 24, 2026 01:55 GMT-4
On USDCAD M15, the price has been in a bullish trend since 2026-06-19, with higher highs and higher lows consolidating above 1.4200. The recent candle closing at 1.42073 marks a key pullback, forming a potential inverse head-and-shoulders pattern near the prior high of 1.4217. Volume on the entry candle (1.42172) was elevated at 870, suggesting strong resistance at this level, while subsequent lower volumes indicate waning bullish momentum. The close below the 1.4217 high and near the 1.4207 pivot validates a structural shift. Key support now lies around 1.4192, which aligns with the M15 Fibonacci retracement level and a prior…