USD/CAD is healthier bid at press time however continues to be stuck in associate degree ascending triangle on the 4-hour chart.
A triangle escape would signal a commencement of the rally from July lows.
USD/CAD has accessorial over fifteen pips within the last sixty minutes and is presently mercantilism at one.3310, having lapidarian out a optimistic higher low of one.3249 earlier on.
The outlook, however, remains neutral because the combine continues to be unfree in associate degree ascending triangle as seen on the 4-hour chart.
Ascending triangles sometimes find yourself fast the preceding optimistic move. So, a breakout, if confirmed, would signal a commencement of the rally from the July nineteen low of one.3016 and open the doors to one.3432 (June eighteen high).
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