USDCAD is in the bearish channel now
I will update this with a long term chart for clarification
All scenarios are mentioned in the chart
I will update this with a long term chart for clarification
All scenarios are mentioned in the chart
Note
Here is the long term chart 
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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.