USDCAD – The bias still remains lower after the wedge breakout

FX:USDCAD   U.S. Dollar / Canadian Dollar

Although USDCAD has posted two ‘Inside Days’ (which highlights indecision) there is no clear indication that the selloff is coming to an end.

Bearish expanding wedge on the weekly chart with a DeMark 13

Broken the wedge formation on the daily chart

Intraday chart is holding inside a corrective channel
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