USD/CAD Retraces to Key Support After Bullish Breakout, What’s Next?

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USD/CAD has been steadily retreating after its decisive breakout from a Symmetrical Triangle (ST) pattern on the daily chart. This pullback has brought the pair back to the 50-day Simple Moving Average (SMA) at 1.3696, coinciding with the upper trendline of the ST. This level now serves as a critical support zone, and a bounce […]