JordanWillson

Cad Strong on the Weekly....?

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
This pair is bearish for me looking at the weekly chart, strong bearish candle inside an ascending channel. Therefore bearish short term. A break of the lows inside the yellow box could run it down to 1.25500 support, but a pullback is needed first! Just be wary of double bottoms and tops being formed which are also apparent on the daily timeframe too.
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