it seems that USDCAD is struggling between 2 main lines as you can see the support and resistance points are mainly betwen 1.248 and 1.229. However, the pais is for long now since it bouced at 1.229 line. and we shall keep watching the price till it hits the upper limit to decide wheater it will keep going up or not.
Disclaimer Doing your own analysis is always highly recommended.
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