The USDCAD had a downside breakout from a triangle pattern that has formed from May to September. The price has reached the parity level then bounced to retest the breakout level near 1.0200.
The 4h chart shows a 61.8% pullback that coincides the previous support at 1.0230. A double top pattern here would be a good short entry signal.
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- usdcad 20101019 1d
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- usdcad 20101019 4h
TheRoninTrader Project 2.0 
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