As the USDCAD is trapped in ranging channel and has decline to the bottom, it's quite good opportunity to speculate long again.
There are 2 ways:
1. conservative approach: enter long after the prices break diagonal by 20 pips.
2. aggresive approach: enter now (or with limit buy order near channel bottom)
In either case, invalidation point (stoploss) is below 119
TP is orange cluster above 1.20800
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