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USD/CAD: Ascending Channel

USD/CAD, 1 hour    SHORT Oct 5
We can see that an ascending channel is close to being finished, the price is about to break out. An ascending channel can be thought of as a compelling price signal that typically identifies that the price to go down in case if price collapses through the support line. A bearish move to 1.37 about to be made as USD/CAD becomes capped.
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