USDCAD
Updated
The ascending channel that began with the June low at 1.2029 remains dominant, but if the pattern holds, sellers could pressure the pair to lower in the shorter term. Meanwhile bulls need a clear upside break of 1.282. A daily break below 1.26 could indicate further losses, and the potential target for sellers would be near the 1.25 level (Sept low).
Trade closed: target reached
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