According to a top down analysis of the pair, price has recently broken the sell trend and has successfully retraced into a 50% fib. We are now looking for this pair to retest the lowest part of the retracement in the demand zone, where we will gather buy positions and hold until about 200 pips.
buyChart PatternsFibonaccigrowthbankgrowthbankfxTrend AnalysisUSDCAD

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