USDCAD Potential Buy on D1

Here's an interesting setup in USD/CAD. The pair trades close to a rising trendline support, respected the 61.8% Fib retracement previously and is overall in an uptrend.

Zooming in into the 4-hour chart reveals a falling wedge pattern, which during price-corrections is a bullish sign.

The Canadian dollar is slightly underperforming for the day as oil prices are somewhat lower.

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