I am looking for a possibe Head and shoulder formation in USDCAD. At the moment we are trading it Long position untill 1.31000. If the Resistance area between 1.3000 & 1.3100 holders, the we shall have a swing SHORT position for the rest of the month. Any Breakout of the Resistance will see the Price go higher than the Head of the formation to 1.3250.
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