U.S. Dollar / Canadian Dollar
Short
Updated

DeGRAM | USDCAD decline from the border in the channel

391
USDCAD is moving above the trend line in a descending channel.

After a false breakout of the upper boundary, the price has returned to the channel.

The chart is holding under the 50% retracement level of the last bullish impulse.

We expect a decline in the channel after a retest of resistance.

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Trade closed: target reached

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