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ZakTheMak
Oct 27, 2022 7:30 AM

USDCAD Long/Buy Opportunity  Long

U.S. Dollar/Canadian DollarFXCM

Description

USDCAD appears to have reversed at support - forming a potential double bottom.

CAD has been weakened by a lower than expected interest rate hike from the Bank of Canada. - and it appears as though the market has shifted and is now beginning to sell off the Canadian Dollar.
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