USD/CAD - Long
Expecting USD/CAD to come up to previous highs before the big short back down due to the poor oil prices. Confluences:
*1-hour ascending trendline is being respected well
*Great rejection and large bounce off the longer-term Fibonacci levels
*1-hour ascending trendline is being respected well
*Great rejection and large bounce off the longer-term Fibonacci levels
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.