SuddenFX

USDCAD - Ranged with consolidation

FX:USDCAD   U.S. Dollar/Canadian Dollar
I don't recommend attempting to trade USDCAD             as it is currently consolidating the strong move downward. For now downward progress has been halted but we are not seeing any strong confidence in the USD. Overall tone for this pair is bearish with weekly bullish . Perhaps good for intra day scalping but don't expect any reasonably strong moves in either direction.
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