On the USDCAD daily chart, we can see that the pair is rejected by the 1.3250 level and is breaking below the rising wedge for a further downside continuation into the 1.3000 level. The first downside resistance is the 1.3080 level. We could, however, see one more possible pullback into the 1.3250
Note: use any bounces for the short trade entries with the stop loss above the 1.3250 level
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