Stalking the next USDCAD pullback after strong thrust upwards
USD/CAD has completely and violently reversed it's large leg down in June and has given a shallow pullback. Price continues to consolidate, but is grinding out higher highs. Look to buy a pullback to the small median line and support/resistance line in red. Stops should be placed under the swing at C. Profits should be taken into the larger upsloping median line , measured move, and old high area around 1.1200.
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