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Dollar A.S. / Dollar Kanada
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rising wedge and structure on dollar canadian

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hey traders,

dollar cad is approaching a significant level of resistance,
with rsi oversbought with divergence and weakening bullish momentum.

formation of a double top and rejection of 1.344 level is one more indication of upcoming bearish move.

now just wait and sell the breakout of the wedge with you targets based on structure.

good luck!
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Chart PatternsdollarDouble TopForexTechnical IndicatorsstructureTrend AnalysisWedge
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