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ZenFlo
Apr 17, 2022 9:58 PM

USDCAD Weekly Short

U.S. Dollar/Canadian DollarFXCM

Description

USDCAD is looking like it wants to attempt a move down in the coming weeks and months, with price making a Bear Flag from the highs in March 2020, We could see Oil prices being a catalyst in further descent as there is typically an inverse correlation between the two. Price appears to be searching on the Weekly for lower lows.
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