The USDCAD could either rebound or break the trendline and so significantly dip in favour of the CAD.
The odds are in favour of the CAD, now that Brussels and Washington push for winding up most trade with Russia as to force it to reconsider its invasion of Ukraine.
The odds are in favour of the CAD, now that Brussels and Washington push for winding up most trade with Russia as to force it to reconsider its invasion of Ukraine.
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Shorters have broken the trendline. There are chances they will push it lower.