USDCAD is although moving in a HH HL formation. But now reached 61.8% of this rally. now considering this as a strong resistance zone we could expect a retracement towards a 38% level at 1.2500. But if bulls are in the driving seat they can cross the upside hurdle and will move the price towards 1.2750. Good Luck!
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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.