USD/CAD Price Analysis: 1.3550 is eyed on the new impules USDCAD Technical Analysis
USD/CAD prior analysisThe W-formation is a reversion pattern whereby the current rally will be monitored for deceleration on the lower time frames for a bearish structure. However, the bulls remain front side of the bullish trendline:In being front side of the bullish trend, we could draw a thesis that there can be a bullish continuation towards 1.3550.Information on these pages contains forward-looking statements that involve risks and uncertainties.
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