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USD/CAD - Head and Shoulder on weekly chart

FX_IDC:USDCAD   U.S. Dollar / Canadian Dollar
It appears the pair is forming head and shoulder on the weekly chart. Prices could head higher to 1.3286 (weekly 50-MA).

The left shoulder amounted to approx 1139 pips. On similar lines, the right shoulder could go up to 1.35 levels before the pair turns lower towards the neckline level.
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