USDCAD broke and closed above a resistance line
of a falling parallel channel on a daily.
It suggests a strong buying pressure and an oversold
state of the market.
I will expect a rise next week at least to 1.385 level.
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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.