USDCAD is still bearish on daily chart, And A-B just gave us a beautiful trend line to follow a short trade on it. It says that this Wednesday Canada Central Bank tend to rise its rate up to 1.25%. Therefore alone with technical analysis, this rate-to-become-true will help Canadian Dollar become the stronggest currency and USDCAD could highly possible going down to touch 1.22-1.20 zone. Good luck, Less is more!
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BOC made USDCAD D test the trend line. Right now price is still under the trend line. We would keep our plan still.