USDCAD – Channel Breakdown Swing Trade Opportunity

USD/CAD OANDA:USDCAD

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USDCAD – Price broke below long term ascending channel on the daily chart . Since then price has retested channel support turned resistance twice and was rejected. Price looks like it just starting to break down.

Will post a 1 hour chart in the comments showing price retesting the larger channel within a smaller channel.

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