USD-CAD CHART ANALYSIS (SELL SETUP)

USD-CAD presents itself with a potential bearish movement that would probably see a decline of 200+ Pips to our long term support level at 1.29300.

We've seen a First breakout from the trendline within the channel going down 200+ Pips followed by a reversal and price retest on our trend line. I believe we're about to see a similar bearing move.

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