Contributors Technical Analysis USD/CAD Minor Retreat May Appear

USD/CAD Minor Retreat May Appear

USD/CAD drops after another failure to reach the upper median line (uml) of the minor ascending pitchfork. A retest of the median line (ml) will signal a drop towards the lower median line (lml) of the same minor ascending pitchfork.

Support can be found at the lower median line (LML) of the red descending pitchfork and at the median line (ML) of the blue descending pitchfork.

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