Resistance: 1.0019 moderate/1.0052 strong/1.0103 moderate
Support: 0.9968 minor/0.9935 minor
The Evening Star (Doji) in Hourly charts is a confirmation of the overall bearish trend for USDCAD. With moderate resistance at 1.0019 consider shorts at market given the high credibility bearish pattern with a stop loss above it. Alternatively stops could be placed above the pattern high. Immediate objective is 0.9968, break of which opens us to a sell-off to 0.9935.
Learn more about the chart patterns and how to recognize them in our Learning Center: Japanese Candlesticks - A Way To Look At Prices