FX:USDCAD   U.S. Dollar/Canadian Dollar
116 1 9
With the current rejection of the resistance on the one hour chart, I am looking to trade back into the trend line on the chart. I expect this to break and go lower. Recommended entry on the trade is in the 1.2340 area. Trade that into 1.23 and take profit, pull to break even and continue the trade as it breaks the trendline and trades lower into 1.2240.
Looks good!
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