Short
September Canadian Dollar Channel
CAD is a trapped in a three drives downward channel. RSI is really close so either we will get a breach of the channel above pivot, or another lower run below pivot to S1 at .75111
Note
CAD starting to rise out of channel. Above the 20 day MA. Target R1 at .77510Note
CAD reaching new heights half way to .77510Note
CAD continues to edge up. First target still remains .77510
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.