USDCAD M5 Bearish Flag

The Bearish Flag pattern has formed on the USDCAD M5 chart. Its lower boundary passes through 1.4175/1.4179, while its upper boundary passes through 1.4181/1.4185. The projected flagpole height is 14 points. The formation indicates that the downtrend is likely to continue. A break below 1.4175 would confirm further downward movement.