USDCAD pair lost downward momentum, will bounce from daily strong demand zone.
Trade closed: target reached
Pair is in strong Daily supply area, lost momentum and declining in volume, expected to turn bearish, around 1.2470 will be the area for target. Likes and comments will be appreciated.This trade idea should not be considered as a financial advice.
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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.