DeGRAM

USDCAD growth in the channel

Long
FOREXCOM:USDCAD   U.S. Dollar / Canadian Dollar
Since March 2020, the price has been falling.
In July, she formed a falling channel.
During this time, there were several breakdowns of resistance.
However, the support remained strong.
After a rebound from resistance in early February, the price finally came to support.
It is at position 1.246.
I expect a rise to resistance.
The target is 1.273.

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