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WicktatorFX
Feb 14, 2021 2:35 PM

USDCAD - What's Next? 

U.S. Dollar/Canadian DollarFXCM

Description

Price has been within a descending wedge since May 2020. Descending wedges usually break upwards. So what can we do?
We can either:
1) Wait for price to break the descending wedge and then find entry reasons for a BUY
2) Working within the parameters of the wedge and look for shorting opportunities
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