USD/CAD’s break of 1.3494 support last week completes a head and should top pattern (1.3832; h: 1.3976; rs: 1.3807). Initial bias is now on the downside this week for deeper correction, to 1.3207 cluster support (61.8% retracement of 1.2726 to 1.3976 at 1.3204. Strong support should be seen there to bring rebound. But for now, […]
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