USDCAD – Bearish or Bullish ?

Here are two possibilities that I will explore

Bearish bias – as the trend is pretty bearish and we have a bearish engulfing candle at the close of the session. we hope a bearish trend prevails here is the setup

we are also seeing if the dollar gets strong we might see some bullish action as we have a lesser unemployment rate which can be one fueling factor

Here is the setup

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