USDCAD Triangle To Push Prices Up, Up, Up!

USDCAD holds above 1.4100 today which is an important level in the short term. The 4-hour chart is showing us that it is in a bullish triangle formation.

The levels we must watch in mind are the following: 1.37865, 1.39588, 1.40548 - 1.42469, 1.43796, 1.45152

Note: If we lose the 1.39588 level, it is highly likely the next major support is around 1.37865.

What do we have here?
✔️ Bull Triangle Formation
✔️ USDCAD- Holding Minor Support Level

Thank you, Connor,

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