LorenzoDecaria
Short

Trend line break and and retest

FX:USDCAD   U.S. Dollar/Canadian Dollar
24 0 4
Rising trend line , which was part of a major ascending triangle , was broken 0n 8/11 and now a retracement towards 1.3000 is taking shape; this level lines up with a previous structure (yellow rectangle ) plus the 50% fibonacci level. The conjunction of the two could hint a resume in the downtrend.
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