Hi traders, here is my analysis for USDCAD and how things likely to unfold. As you can see this is a 4-hour chart, when you look at the chart you can see that there was a formation of a ascending triangle but now the resistance is broken and now there is a breakout which gives possible buying opportunities. I would advise that this currency pair is approached by means of a buy stop order instead of a market execution order. Disclaimer guys this only my opinion from my technical analysis, and the shared content is meant for social interaction between traders. With that said I will not be held accountable for any losses for anyone who may trade from what I have provided. Peace...
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