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USDCAD gearing up for a long breakout above 1.335!

Long
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
TRADEPROAcademy  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Support and Resistance Supply and Demand Candlestick Analysis usdcadlong usdlong USDCAD usdcadforecast priceaction fx forextrading
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supportandresistance supplyanddemand candlestick usdcadlong usdlong usdcad usdcadforecast priceaction fx forextrading
Really strong resistance looks like it's about to break above 1.335, the move higher into the level started from a higher low on the weekly. There was a wick over the past week that failed at the resistance, however, if we get a candle close on the week and daily above 1.335 we will see more upside based on price action. The targeted move is 1.35 and the broken high is expected to hold support on the retrace.

Disclaimer: The idea suggested is for educational purposes only, this is not trading or investment advice.
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