The volley in the USDCAD continues. The price remains in up and down range with buyers and sellers battling

The USDCAD technical picture remains largely unchanged. Since June 19, the pair has traded within a well-defined range between 1.41488 and 1.42473—roughly a 100-pip consolidation. That sideways price action followed a powerful trend move that carried the pair from a May 1 low of 1.35492 to the June 24 high of 1.42473. As is often the case, a strong trending…

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