has reach a resistance area
at Fibonacci 50% that has been recently respected twice forming a triple top on daily and weekly time frame in confluence with the Yearly pivot point
in oversold area showing some divergence increase chances of reversal.
has also reach the bottom of the trend line
channel into the previous resistance area
that has been breached last November.
, which is highly correlated with CAD, that reach a support at the same time that USDCAD
has reached a resistance puts more odds in favor of a reversal.