USDCAD is trending in the Downside for a very Long time. It is forming the falling wedge pattern, also it is trading at the end of a falling wedge pattern. Soon we might see an upside breakout from the falling wedge pattern. One can trade with risk management and stop loss with a view of the above pattern formation.
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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.