the USD/CAD currency pair has formed a Head and Shoulders pattern and has broken out to the upside, some traders might interpret this as a bullish signal for the pair. However, it's important to remember that technical analysis is not foolproof and should be used in conjunction with other forms of analysis and risk management techniques.
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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.