USDCAD. The price is trading in an uptrend and we can see how, without reaching the resistance 1.32237, the price turns around and rolls back to the channel support.
I think that the price did not have enough energy to test the resistance and moreover, if we are talking about a breakdown of this level. On the pullback of the price to the support we can see how the support trend line was tested and the price forms a consolidation above the support zone
I suppose if the price can consolidate in the long zone relative to the support, there is a potential for growth, as there are two big targets ahead – resistance 1.32237 and the far level – 1.33853
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