USD/CAD Breaks Down the Rising Trendline from January

TL breakdown: USD/CAD consolidated late last week, but started this week falling to a new low since the market found resistance at 1.0340. The bearish price action also broke below 38.2% retracement at 1.0139 and also a rising trendline that started from the 0.9814 low in January. This trendline has…

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USD/CAD Breaks Down the Rising Trendline from January

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