USDCAD nearing 4 hour resistance - Sell

FX:USDCAD   U.S. Dollar / Canadian Dollar
72 0 3
Hello Traders,

I expect the price to touch at least the channel support area around 1.2970 - 1.2945. After Friday's drop price has retraced near 78.6 fib level of last high and low. This area also confluence of trend line resistance. I believe selling this pair around 1.3140 targeting the channel support around 1.2970.

Good Luck!

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