The USDCAD pair resumed its negative trading affected by the triple top pattern that appears on the chart, reinforcing the expectations of continuing the bearish trend in the upcoming period, which its next target located at 1.2470.
Therefore, i will continue to suggest the bearish trend in the upcoming sessions, reminding you that breaching 1.2665 followed by 1.2723 levels will stop the current negative pressure and push the price to rise again.
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