The forecast for the USD/CAD happened to be correct. The price bounced from the Resistance / Support line and now testing the local Resistance. After the steep Downtrend we can expect the rise , that is also confirmed by the MAs , so after ranging the price will rise.
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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.