USDCAD is Bearish

Price was in a strong uptrend, however a matured bearish divergence on four hourly time frame, hinted the control of bears. The notion was further affirmed by the break of previous higher low. If the bears continue to exert pressure then we can expect further slide in price as per Dow theory. Targets are mentioned on the chart.
Chart PatternsHarmonic PatternsTrend Analysis

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