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Short

USD/CAD Technical analysis

FX:USDCAD   U.S. Dollar / Canadian Dollar
The counter has formed a head and shoulder in the short-term charts.
Also, it is formed at a strong resistance zone .
It has now broken the neckline and is just consolidating below it.
Hence we expect the pair to be bearish in the near-term and reach the support of 1.31964.
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