Traders, USDCAD has been quietly working on an inverse head and shoulders pattern. If this neck line breaks then it will push DXY (dollar) up and that also means the current market situation can change for major fx pairs, commodities and indices. We are keeping a close watch on it for potential opportunities across the market.
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Disclaimer:
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions.
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