Break of mini ascending channel with bearish engulfing 1hr candle. CAD not ready to push north, needs to visit 0.886 fib level which is the bottom of a bigger ascending channel. Its also rejected the daily pivot resistance level 5 times with the 1hr candle.. ADX is negative on the 5 and 15 with 1hr about to flip.
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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.