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USD/CAD Forms Another Descending Triangle (2/24)

posted by Avatar FXTimes 451 days ago in USD, CAD, Technical made popular 451 days ago

As expected the USD/CAD continues to be choppy, but retains the bearish bias. The daily chart shows that previously, we had a descending triangle with the base just below 1.0, parity. Now, after some sideways action, we are developing lower highs, but the base is at 0.9820 area…
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