The USDCAD formed a rising wedge pattern following a breakout of a significant horizontal support level.
After a retest of the broken structure, the price rebounded strongly, breaking through the support of the wedge.
It is likely that the pair will continue to decline, with potential targets at 1.3586 and 1.3559.
After a retest of the broken structure, the price rebounded strongly, breaking through the support of the wedge.
It is likely that the pair will continue to decline, with potential targets at 1.3586 and 1.3559.
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