SamKent
Long

USD/CAD technical long

FX:USDCAD   U.S. Dollar/Canadian Dollar
23 0 0
The pair is trading in our buying zone, so there are two main options:
(1) go long at current price, with big r&r.
(2) wait for confirmation from stochastic crossing back from oversold coupled with a break of the descending trend-line

We favor the more conservative 2nd alternative, and so we're following further developments in the near future.
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