USD/CAD -6/9/2022-
• Parallel channels on the weekly chart
• This pair almost always moves in channels
• We are now in an ascending channel, so further upside expected
• Decreasing oil prices supporting the bullish stance
• This pair almost always moves in channels
• We are now in an ascending channel, so further upside expected
• Decreasing oil prices supporting the bullish stance
Ramzi Abou Abdallah, CFTe, CMT
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