USDCAD price seems locked in a weekly FLAT (currently weekly candle is green) close to the strongest monthly support line. There should be a few rejection before price will move futher to one or another directions. Probably price will stay in flat for the coming weeks or will reverse with flat break even. On daily chart price has break even the trend line which is pretty good signal for entry with a minimum risk.
Monthly chart
Weekly chart
Daily chart
NOTE:Information provided in this article is not a signal or recommendation for any trading/investment decisions. This is only my personal opinion and point of view.
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