UGTraders

USDCAD - Accumulation area!

FX:USDCAD   U.S. Dollar / Canadian Dollar
Hello my dear friends,


USDCAD definitely has an accumulation area and showing bearish momentum withdrawing which would be a very good buy setup.

It may stand still in that range for a while then our scenario would be active only when prices penetrate the resistance level.

Good luck and to be updated...

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