USDCAD seems to be approaching a major resistance zone. Price is creating a massive head and shoulder pattern on Weekly chart. From next week we can look to sell USDCAD. For now, we allow price to complete bullish move into the 1.38 resistance. Be on the lookout for this one.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.