USD/CAD (The longer the range, the stronger the breakout)

View On USD/CAD (21 MAY 2020)

UsdCad is pretty much in range-bound for the past 2 months.
The longer it ranges, the stronger the breakout out will be.

The current price of 1.39 is the triple support region and it can go higher for a time being.
1.40 and 1.41 will be good resistants.


Let's see.


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Trade closed: stop reached:

Stop Triggered.