STPFOREX

Possibility of uptrend

Long
FX:USDCAD   U.S. Dollar / Canadian Dollar
Due to the breaking of the support trend line and penetration at the level of 88.6%, a warning about the downward trend has been created.
On the other hand, according to the price reaction and the recent upward wave, the triangle pattern is expected to form according to the specified path.
If the level of 161.8% is broken, the continuation of the upward trend is likely

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