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USD/CAD Rises on Oil’s Slump, Nasdaq 100 Carves Double Top Pattern as Bears Lurk

USD/CAD Rises on Oil’s Slump, Nasdaq 100 Carves Double Top Pattern as Bears Lurk

The Canadian dollar retreated on Wednesday, pressured by falling oil prices. The Nasdaq 100 also moved lower, with the tech index carving out a bearish double top pattern on the two-hour chart.

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