USDCAD is bullish given 1-year base pattern and recent upside move. However in short-term there is a possible downside move toward a support zone between 1.305-1.309.
Note
Downside is not over yet. 1.3 and 1.305 are two main key levels to watch
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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.