These obliques will be decisive for the short and medium term prospects. The sinking of the March 20 low of the USD / CAD at 1.4144 and the sloping bearish of the EUR / CAD would be signals in favor of a retracement of the rally in recent weeks.
Conversely, crossing the bearish slant of the USD / CAD and the bearish slant of the EUR / CAD would suggest a resumption of the uptrend. This would likely happen if oil prices hit their recent lows.


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