OANDA:USDCAD   U.S. Dollar / Canadian Dollar
Based on my analysis, the Relative Strength Index (RSI) is currently within the range of 30 to 70. Importantly, there is no divergence present, which serves to reinforce the bullish trend that is evident in the chart. Notably, the price chart displays a consistent pattern of consecutively higher peaks and troughs, indicating a sustained upward movement. Additionally, the Fibonacci retracement points have been breached, presenting an opportunity for strategically timed entry points to be identified.
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