USD/CAD is at Critical Support Before BoC Decision
Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
-USDCAD is either consolidation before another push higher or forming an important top. There is no way to know what the outcome will be ahead of time but a break below trendline support (formerly resistance…the market is at it now) would begin to shift focus to the downside.
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