USDCAD Long-term BUY and Short-term SELL

FX:USDCAD   U.S. Dollar / Canadian Dollar
Two patterns favoring bullish momentum to the upside. A breakout of the ascending triangle will hopefully push the pair higher until the Gartley pattern's D point is reached. Our short bias is based on the possibility of the pair pulling back and retesting diagonal support of the triangle one last time before breaking out to the upside.

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