USDCAD Battle Lines Drawn

USD/CAD has carved out a well-define monthly opening-range just above the August trendline.

Yearly open resistance at 1.3545 with bearish invalidation at 1.3688

Key support confluence at 1.3390/98 with a break lower exposing 1.3225 & 1.3110

Michael Boutros, Sr Technical Strategist with FOREX.com
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