USD/CAD is currently in an ascending channel formation.
The resistive trend line has catapulted the price action with consecutive strong bearish candles.
We expect the pair to reach the supportive trend line from here.
The resistive trend line has catapulted the price action with consecutive strong bearish candles.
We expect the pair to reach the supportive trend line from here.
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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.