Here is the weighted average CAD. As it can be seen CAD weighted average has reached a multi-year falling trend line.
Even if CADCHF is going higher, we should see a pullback at least to the most recent lows.
Even if CADCHF is going higher, we should see a pullback at least to the most recent lows.
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Also see the wedge breakout on CADCHF. Currently it is testing the lower band of the wedge