USD / $CAD | 4H Forex Trade Setup Update ● Current Status: USD/CAD rejected off value area high

USD / $CAD | 4H Forex Trade Setup Update

● Current Status: The USD/CAD pair has reflected off the value area high of the range and is now finding support at the Point of Control (POC). The Moving Averages (MAs) have crossed bullish.

● Technical Indicators: Despite the bullish crossover, both momentum and money flow are declining, suggesting caution.

● Outlook: Traders should monitor for signs of sustained bullish momentum to confirm a potential uptrend, keeping in mind the current declining momentum and money flow.