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VasilyTrader
Dec 18, 2023 8:12 AM

USDCAD: Time For Pullback 🇺🇸🇨🇦 Long

USD/CADOANDA

Description



USDCAD reached a key horizontal daily support.
The market became quite oversold, forming a falling wedge pattern
on an hourly time frame.

The resistance of the wedge was broken after the market opening.
We can anticipate a pullback now to 1.340 / 1.342

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VasilyTrader
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