Check the Post below with the chart showing the details.
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Observe the support structure and potentials moves.
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Premium Post: USDCAD: Next Swing Move & How to Catch It
USDCAD is trading within a major falling parallel channel .
The market is closer and closer to its resistance.

To catch the next bearish wave, watch a rising channel on 4H.
Its bearish violation will be a perfect confirmation to short the pair.

First goal will be 1.25

In case of a bullish breakout of a resistance line of a daily channel,
the market may go to higher structure levels [/s2If]
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