USDCAD is showing short term and long-term weakness. Many indications of an upcoming drop, followed closely by what could be a rebound toward the unhit daily pivot before further bearish movement out of the rising wedge. See chart for more details. Happy Trading!
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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.