The USD/CAD has bounced after approaching the Strong Resistance/Support line and the latter expected to become the major Support for this pair. The next moves of the price are going to tell whether the Downward channel will be broken after the test of its Resistance.
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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.