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U.S. Dollar / Canadian Dollar

USDCAD SUPPLY AND DEMAND ZONES TO WATCH OUT FOR.

By Off-The-Charts
USDCAD just broke out of a descending triangle on the 1HR TF. we expect price to rally down to 1.27900 DEMAND ZONE before moving up 1.2700, which is our SUPPLY ZONE. our (POI) is also the 0.618 fib level, and we are looking to short from here.

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breakoutChart PatternsDemand ZoneDescending TrianglefiblevelFundamental AnalysisLONGneutralshortSupply ZoneTrend AnalysisUSDCAD
Off-The-Charts
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