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AlkalineFX
Jul 24, 2020 6:33 AM

USDCAD - Friday Trade 

U.S. Dollar/Canadian DollarFXCM

Description

Analysis of #USDCAD (1H)

A nice little intraday trading set-up here that you could potentially take depending on if the previous black marked structure is broken, I have illustrated what could potentially happen. If the structure doesn’t manage to break then we will simply wait for the horizontal line marked to get broken to the upside, Then we can start looking for buying opportunities.
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