Babsphoenix

USDCAD: TESTING A SUPPORT CLUSTER

Long
Babsphoenix Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
This instrument is testing a weekly time frame support cluster of 1W MA 100, 1W MA 200, a digonal resistance and a horizontal resistance, all these happening in a demand zone. A bounce from here is very likely. We can look for a buy setup when the price has successfully breached the blue diagonal line (check the inserted 4HR time frame chart)
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