U.S. Dollar / Canadian Dollar
Long
Updated

USDCAD: APutting In A Potential Right Shoulder

2 713
Dollar weakness in the markets have driven us down over 300 pips before finally looking as if we may see some relief. If you "look left" on this chart you'll see that current price action has made it's way down to an inside level of potential structure support which may also end up being the right shoulder in a potential head & shoulders pattern.

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