USD/CAD Weekly Analysis

🔸WEEKLY CHART EXPLANATION:
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🔸Price is on a strong downtrend after bouncing at the Resistance Zone.
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🔸It has broken the Ascending Trendline.
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🔸The next bearish target is the Support Zone at 1.3000.
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🔸 Will look for a lower timeframe bearish setup.
analysisBearish PatternsCADMultiple Time Frame AnalysissetupshortSupport and ResistanceTrend AnalysisUSDUSDCAD

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