USDCAD holds went below 1.4000 like I predicted today in my newsletter but now sits just on an important level in the short term. The 4-hour chart is showing us that it is in a new bullish triangle formation.
The levels we must watch in mind are the following: 1.37865, 1.39588 - 1.40548, 1.42469
Note: If we lose the 1.39588 level, it is highly likely the next major support is around 1.37865.
What do we have here? ✔️ Bull Triangle Formation ✔️ USD has weakened against most currencies recently
Thank you, Connor,
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