USD/CAD pair is currently in an ascending channel formation.
The channel trendline also coincides with a price action support.
Hence we expect the pair to bounce back from here.
The channel trendline also coincides with a price action support.
Hence we expect the pair to bounce back 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.