Agink

USDCAD - review 2021

Long
FX:USDCAD   U.S. Dollar / Canadian Dollar
throughout from the 3rd and 4th quarter, the pair has respected the parallel channel. The pair has traded within, rejecting breakouts from the support line,we expect another rejection on the support with a false breakout. Our expected entry will be around 1.259 - 1.256, remember we take entry once we have seen multiple rejections on smaller time frames.

Stoploss (1.25100)
always apply risk management.
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