EURCAD To Breach Above 1.4826

  • Price made a weak reaction at the 1.4826 level, which failed to produce a new low.
  • I am seeing price attempting to breach higher.
  • By trading in anticipation of this breakout, you can get a slightly better R-multiple. If price pulls back and fails to hold above this level, I can avoid a loss that would occur if I enter after the breakout.
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