Loonie Likely to Appreciate temporarily Vs The USD

On the 4H TF, the support & the trendline supporting the prices breached too. Now the price is likely headed to its next ideal support. The path to target seems to have no resistance present at the moment, so its likely that the price retraces slightly before heading south. Have a look at the main chart for complete information
Chart PatternsTechnical IndicatorsloonieOilshortsupportSupport and ResistanceswingtradeTrend AnalysisUSDCAD

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