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USD/CAD: Pennant

USD/CAD, 1 hour    SHORT Dec 26
We can see that a pennant is very close to being completed. A pennant can be thought of as a reliable price action pattern that is used to signal a move down in case if price breaks through the support. USD/CAD to suffer further downside to the 1.324 zone amid the currency pair recedes from recent highs.
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