USDCAD Ascending Triangle - Buy Set Up
Poor employment data out of Canada and weak oil are helping to firm the dollar.
The pair is now approaching a critical point in the triangle formation. We expect a break upwards towards a key reversal point at 61.80% (1.38403).
Potential entry at 1.31411.
The pair is now approaching a critical point in the triangle formation. We expect a break upwards towards a key reversal point at 61.80% (1.38403).
Potential entry at 1.31411.
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