Check the Post below with the chart showing the details.
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Observe the support structure and potentials moves.
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Premium Post: USDCAD: Detailed Analysis & Bullish Scenario Explained
USDCAD is testing an upper boundary of a key weekly pivot .

Based on a historical structure analysis,
1.19 – 1.207 is a huge potential reversal zone.

To catch the initiation of a bullish trend ,
pay attention to a falling trend line on a daily that currently matches the lower highs.
Only after a violation of that trend line , we can become bullish biased.

For now, I would not recommend USDCAD for intraday trading.

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