USD/CAD Price Analysis: Bears on the prowl at key resistance – by fx_ross USDCAD Technical Analysis
is trading at 1.3555 and is technically holding in a bullish trend as the following analysis illustrates: The M-formation is a reversion pattern that has drawn the price into the neckline. If this were to act as a resistance, the micro trendline will come under pressure and break of which could lead to a substantial continuation of the downside for the days ahead.
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