Direction:
long
Target: TP1
– 1,0525
Protection:
SL – 1,0480
Our setup:
1,0504
Background:
The USDCAD pair is int he range in the last couple of days. The further trend
is not confirmed yet, but before any big moves the cross needs to backtest the
former resistance level at 1,0525. After we will have clearer view about the
real direction of the pair. Now it is a ranging period without any breakouts.
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