USDCAD - Chance of a major drop

The price has formed a bullish channel after breaking the previous bullish channel, there is a chance for history to repeat itself. The price has started to make its way towards the support level of this channel, if the price is able to break below the support we could see some major drops in the value of this pair
Ascending ChannelCADChart PatternsForexTechnical IndicatorsRelative Strength Index (RSI)Trend AnalysisUSDUSDCAD

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