USDCAD—evening star on hourly

Not good news for this pair that an evening star has formed on the hourly chart with the completion of the last candle. This is a three-candle formation that comes after a rise with a long bullish candle first, followed by a star or doji star and then a bearish candle that closes deep into the body of the bullish one. They're especially powerful if near resistance which this one is at 1.0322. Let's see if it can overcome it or if the pair goes lower.




















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