USD/CAD is setting up for a 500 pip drop to the 1.36000-1.34000 price area. I see 2 possible routes price can take before the big drop. We can break the CTL and just have a nice big drop or we can retest the high one more time before the big drop.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.