1minute with ForexSurvivor Latest impact: USDCAD Buy is on the hook USDCAD rectangle development between 31Oct and 01Nov received a Fri close below its support @9958. Such close is not suffice to determine the pressure level of the bear. Therefore, we will treat the pair as a false-break is expected due to OS conditions and to the inert bearish momentum. Selling 9970 for 9900 is our interest while a close above the resistance of the rectangle @ 10013 puts the bear out, and instead, reversing
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USDCAD Buy is on the hook