USD/CAD Analysis: Breakout Occurs

<p>The US Dollar declined by 46 basis points or 0.34% against the Canadian Dollar on Wednesday. The 100– hour simple moving average pressured the exchange rate lower during yesterday&#8217;s trading session. Thursday&#8217;s trading session began with bullish momentum. A breakout occurred through the upper boundary of a falling wedge during the European session. Given that a breakout [&#8230;]</p>
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