SynapseTrading

USD/CAD (Daily Chart) - Bottom of Trend Channel

Long
FX:USDCAD   U.S. Dollar / Canadian Dollar
This pair is now at the bottom of a long-term trend channel, and could resume the uptrend at any time.

Don't forget to place a tight stoploss, as it might have one more leg down; if that happens we can exit the trade and enter again after that leg.

Stay sharp, and good luck!

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