End of road for loonie rally as double top neckline holds

The loonie appears to have run into a brick wall against the greenback on Tuesday, following a strong rally over the last four sessions. The pair has reached a major level of support now, where the 100 day SMA crosses the 50 fib level, of the move from this year’s lows to highs. On top of that…

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End of road for loonie rally as double top neckline holds

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