Looking at the 1H chart for the trading pair USD/CAD, it is easy to see that the pair has formed a pattern of heads and shoulder indicating trend reversal to a downtrend. Also with current speculation of the current dollar inflation pointing towards a regression I’d advise you trade wisely.
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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.