CXY - Canadian Dollar Currency Index (Neutral)

CXY - Canadian Dollar Currency Index
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Currently in a 4 week range, saw a good surge of buyers on Friday.

It is currently attempting to test 2017 descending channel.

The reaction to this trendline will be instrumental in what happens next for the CXY

Let us wait and see.

Should we see a breakout, expect a retest of the trendline then more upside move
CXYMultiple Time Frame AnalysisneutralpatienceSupply and DemandTrend Lines

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