If you've been watching USD/CAD this month, then you'll know that the pair has been in an observable uptrend since bouncing from the 1.3600 handle a few weeks ago. But it looks like the bulls have been having a hard time breaking ceilings just under the 1.3900 psychological handle. In fact, USD/CAD is forming a potential Head and Shoulders pattern in the 1-hour time frame. Are USD/CAD traders gunning for a bearish reversal?