The legend in the InstaSpot team!
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Technical analysis:
USD/CAD has been trading upside in the background and I see potential for the upside continuation.
Trading recommendation:
Due to the breakout of the symmetrical triangle in the background, I see potential for the upside continuation.
Upside objective is set at the price of 1,2900
Stochastic is showing fresh bear cross but with no divergence...
Support level is set at the price of 1,2800
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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