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USDCAD Trading In Descending Channel Pattern.

Short
U.S. Dollar / Canadian Dollar (OANDA:USDCAD)  
Fx_Trader_ViSa  
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Chart Patterns Harmonic Patterns usdcadshort usdcadlong usdcadanalysis usdcadforecast Technical Analysis Descending Triangle
6
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trendanalysis chartpattern harmonicpatterns usdcadshort usdcadlong usdcadanalysis usdcadforecast technicalanalysis descendingtriangle
USDCAD is forming a descending triangle pattern at the top which indicates the trend reversal. Also, it is trading in channel pattern on the downside if USDCAD break from descending triangle pattern we might see a further downside in the USDCAD towards the support line of the channel pattern.

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