- Price holding at descending trendline support
- Immediate downside appears limited
- Corrective pullback in progress
A B-wave type bounce is possible from this zone, followed by further corrective development — while capped below 1.4834.
Loss of trendline support would open deeper corrective levels.
Structure-based view. Not a prediction.
#USDCAD #Forex #MarketStructure #PriceAction
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