DeGRAM

DeGRAM | USDCAD channel breakout

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
USDCAD is making higher lows and lower highs, which is a triangle formation.

The market is in a bearish trend on the daily chart, and it's at a significant resistance level.

We expect the downtrend to continue since the trend is bearish.


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