Should we expect a bearish trend on USDCAD?

Past performance is not an indicator of future results.
The breakout of USDCAD through the support line of a Rising Wedge could be a sign of the road ahead. If this breakout persists, we expect the price of USDCAD to test 1.3540 within the next 2 days. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.

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