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U.S. Dollar / Canadian Dollar

USDCAD

By inguar
Updated
One of my favorite pairs. I started to open long positions on this pair. I think after such very strong downside movement, we can expect some pullback. Oil is also supporting this move. My TPs are 1.235, 1.25 and 1.26.
Trade active
Trade is still in play, I added some more long positions. It looks like we have some accumulating process, next week we will have important inflation data, will see how it will play out.
Note
Added some more long positions. Looks like tomorrow will be very good catalyst with published inflation data.
Trade closed: target reached
Trend Analysis
inguar

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