USDCAD is near to break the parallel channel top, currently trading above the horizontal support zone. If it successfully manages to break above the parallel channel bulls will be active and long positions can be placed.

Alternatively, breaking below the horizontal area will be all over for the bulls and bears will lead from there.

Trade your levels accordingly.

Chart PatternsHarmonic PatternsTrend AnalysisUSDCADusdcadlongusdcadshort

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