USDCAD Breakout Play At 1.26715

  • Price tried to trade below 1.2595 and failed to sustain.
  • After ranging for the past couple of hours, the break above 1.26715 indicates further upside potential.
  • To truly see if this upside will sustain, we will need to see if price holds above this level. If it crosses below, the trade can safely be scratched.
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