Price currently at and area of confluence (sitting on both a support level and a trendline at the moment). There also expected to be poor CAD news in the morning, which should weaken the Canadian dollar making this buy more likely to playout.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.