The pair has approached a 4H trendline, after an attempt to break below it was foiled by the bulls, a case can be made for its bullishness.
A breakout of the descending channel can lead to more upside climatic action.
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breakoutChart PatternsMultiple Time Frame AnalysisTrend AnalysisTrend Line BreakUSDCADusdcadanalysisusdcadforecastusdcadlong

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