Considering this potential 3 Drives Pattern, the Canadian dollar, which has been falling since September mightbe poised for a recovery. I've closed out all my USDCAD LONGS in profit and will be monitoring price action for the Looney against the basket of other currencies for potential LONG setups.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.