The USD/CAD found resistance at 1.0060 this week, and tested 1.0050 over the 5/11 European session. The better than expected Canadian data shot the loonie out of a cannon, and the USD/CAD fell sharply below 0.9975, forming a double top. The conventional breakout target using the width of the pattern
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USD/CAD Forms Double Top After Favorable Canadian Employment Data for April
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