forexnoobmaster007
Short

Rising Channel Breakdown

FX:USDCAD   U.S. Dollar / Canadian Dollar
USDCAD has been moving in a rising channel pattern from the past one month from which it took a breakdown in the previous session. The price has given a daily close below the lower trendline , confirming an upcoming bearish move in the pair. The take profit is set at 1.31833 and stop-loss at 1.3193.
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