USDCAD: Retest of Support May Indicate Further Rise

Hi Traders,

On November 28th, price was showing a contracting triangle and making the case for a long setup. The triangle has now been invalidated and price is forming a regular flat. We may still have a long setup if price retests support at 1.3255, thereby completing the regular flat.

I have indicated clear buy and sell zones.

All the best,
Wave Theorist
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