On the 4-hour chart, USDCAD is expected to form a potential bullish bat pattern. Currently, we can focus on buying opportunities around 1.4058. The upside target is 1.4140. After breaking through, the upper resistance is 1.4190.
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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.