USDCAD is currently trading in an ascending channel.
The market created a consolidation zone or triangle pattern.
Essentially, the price is coiling up before breaking through the level.
We anticipate a retest of the major resistance in anticipation of completing the AB=CD pattern.
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The market created a consolidation zone or triangle pattern.
Essentially, the price is coiling up before breaking through the level.
We anticipate a retest of the major resistance in anticipation of completing the AB=CD pattern.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
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