USDCAD is trading within a descending triangle where not touch of our trendline has been found yet. Therefore I believe at least a test of the uptrend trendline will be seen with the potential decline. Multiple, clear bounce of our fib resistance confirms this scenario. Target area 1.215
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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.