USDCAD: Nice Setup to Trade Today 🇺🇸🇨🇦
USDCAD dropped to a significant confluence zone.
The underlined blue area on 4H time frame is based on a horizontal demand zone and 382 retracement of the last major bullish impulse leg.
Approaching that area, the price formed a triple bottom formation on 1H time frame and broke its neckline then.
The market will most likely bounce.
Goals: 1.3493 / 1.3517
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