USD/CAD Technical Analysis
As can be seen on the daily chart, prices have broken the bearish trendline and also a cup and handle pattern has been printed. Both the trendline and the neckline of the pattern has been retested and now it is time to enter for a long position with a take profit target around the 1.29 area.
Trade closed: target reached
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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.