USDCAD is now trading in channel pattern after giving a good breakout from the falling wedge . The current price is at a 50% Fibonacci retracement level so, it might face some resistance at this level. At this level, we might see price consolidation or price breakout towards the 62% Fibonacci retracement level.
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Vivek
have half a decade of experience as a trader and enthusiastically learning & developing new strategies and convert it into algorithm trading & also analyzing the companies with ESG method.
