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USDCAD

Daily Chart : retest important trendline , break above 1.3298 could target 1.33252 , 1.33526

Economic News Today : (CAD)  Core Retail Sales m/m (High Impact)

Daily Chart Plan

Bullish continuation

1.  break above 1.3298 could target 1.3325 , 1.3352

  • reversal pattern at resistance 1.3352 (red line) or false break at 1.3352  = Bearish signal

Bearish

1.  wait for break below 1.3245 to confirm the bearish signal could target 1.3174 , 1.3010

  •  reversal pattern at 1.3245 = bullish signal  , buy target trendline breakout

 

USDCADDaily

Warning:  Before any investment in Forex you need to carefully consider your targets, previous experience, and risk level. FX trading can result in the loss of your money, therefore, you should not invest capital that you cannot afford to lose.