Sell USDCAD @ 1.3450. Take profit targets @ 1.3390 and 1.3340
Stop loss @ a close above 1.3490
On the 4 hours chart, the EURUSD reached the resistance level formed by the 21 moving average and it’s showing weakness as the RSI is heading downwards to the 30 zone. Moreover, the pair is forming a bearish inverse cup pattern on the 4 hours chart confirming that market participants are trying to push prices lower.