USDCAD is consolidating on a key level. We see a narrow horizontal range on 1H time frame.
To buy the pair with a confirmation, watch 1.369 - 1.37 horizontal resistance. IF the price breaks and closes above that on 1H, probabilities will be high that we will see a pullback from the underlined structure.
Goals will be 1.374 / 1.378
If the price sets a new lower low, the setup will become invalid.
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