USD-CAD MAJOR BREAKOUT|STRUCTUTRE ANALYSIS

X USDCAD has had a confirmed broken out of the 2 year (thick) support line

X Small support broken today too

X Now falling in a downward channel

X Next meaningful support levels are lines S1 and S2

X Downtrend continues

X Expect correction upwards at some point

X Wait for the downward channel resistance breakout upwards, to go long

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Target 1 reached!