Loonie, The up move should start here

FX:USDCAD   U.S. Dollar / Canadian Dollar
We are expecting the up move and the previous trade also is in the play but nothing much happened since.

So the forecast as has shown on the chart is the same, but in case of the price action breaking down the monthly line, the trade's stop loss will be triggered and the idea wouldn't be valid anymore.

Watch the lower time frames to see the signs of the breakout.

Happy Trading, Stay Green! ✌️


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