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AlkalineFX
Dec 28, 2020 9:45 AM

USDCAD - Structure Shift Here? Long

U.S. Dollar/Canadian DollarFXCM

Description

The structure has shifted on USDCAD which is a good sign that a bullish move may be round the corner. I would like to see a further push down into the second level of structure to wipe out the break and restest buyers. Once this is out of the way and we see signs of rejection, we can look to get involved in a buy position as illustrated.
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