USD/CAD Technical analysis
The counter has broken the multi-week resistance of 1.33417.
There were huge short positions built around this level and now we might see a short-covering rally.
Hence, we expect the pair to be bullish in the near-term.
There were huge short positions built around this level and now we might see a short-covering rally.
Hence, we expect the pair to be bullish in the near-term.
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