USDCAD 4-Hour Cgart
Why am I posting a USDCAD chart?
There is a very light economic calendar on Tuesday except for Canada CPI.
Looking at this chart, there is a broad range near 1.34-1.36 (1.3412-1.3585)
So it is no wonder the pair keeps gravitating towards the 1,35 midpoint.
Rising trendline offset by falling resistance lines (blue).
Whatever the case, expect some volatility around the CA inflation report but only a break of 1.34-1.36 would be significant/
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