FOREXCOM:USDCAD   U.S. Dollar / Canadian Dollar
USD/CAD on monthly basis currently on downtrend

On the 4 hours chart a 2618 pattern has completed and there is a high chance of reversing. Resistance is seen on the 25EMA which increases the probability.

Although on the 1 hour chart, a momentum is buiding up for an uptrend. We see how it goes.

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