USDCAD Make breakdown and start grow

2020年11月12日

The price recently broke through a strong support line.
However, it continues to shape my previous forecast - growth.

The line is one of the strongest on the chart.
The first touch happened in 2007 (!).
Since then, the price has mostly moved above the line, with rare exceptions.

Now the price has returned to it again.
This indicates that prices are ready for growth.
I expect the price to rise towards the resistance line. Target - around 1.339

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