USD/CAD 4H range opportunity

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The USD/CAD has re-entered its 4-hour range. The lower zone around 1.4275 could be an opportunity to initiate buy positions, aiming initially at the bearish trendline currently near 1.44.

If this bearish trendline breaks, the second target will be 1.4490, the top of the range.

Conversely, a bearish break below 1.4250 would invalidate this scenario, as the range would then be broken to the downside.
Trade closed: target reached
Target reached +90 pips trade closed.

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