USD/CAD Price Fails Breakout Attempt, Reversal Expected Towards 1.3934
The US Dollar/Canadian Dollar (USD/CAD) price has been analyzed using Arc Cycle Analysis, and the results indicate that the currency pair briefly moved beyond the 0.618 Arc before returning within the previous Arc boundary.
This failed breakout suggests that the original Arc structure remains valid, favoring a reversal toward the opposite Arc.
The preferred scenario is for the price to continue holding within the reclaimed Arc boundary, which would lead to a reversal toward 1.3934.