USDCAD is currently in a bullish trend, forming a series of higher highs (HH) and higher lows (HL). However, a double top pattern and bearish divergence suggest a potential reversal. Consider entering a trade after the neckline breakout.
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Disclaimer
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.