USD/CAD Trading at the 2013 Trendline Support and 38.2% Retracement

Rounded top: Looking at the 4H USD/CAD chart, it looks like the pair has been coming off a rounded top. You can even say its at the “handle” of an inverted “cup-and-handle”. The 4H RSI shows bearish momentum born when the reading tagged 30 on the 15th, and also showed ability to maintain this…

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USD/CAD Trading at the 2013 Trendline Support and 38.2% Retracement

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