USDCAD – getting close to support of a Descending Triangle

Past performance is not an indicator of future results.
USDCAD is moving towards the support line of a Descending Triangle. Because we have seen it retrace from this line before, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 16 hours and may test it again within the next 5 hours.

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