saml01

USD/CAD Long/Short ideas

FX:USDCAD   U.S. Dollar / Canadian Dollar
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Top Down Approach:

Identified the weekly key resistance @ 1.33245
Price currently sat on strong support level ,
if it breaks look for a retest or exhaustion and note the 4hr lower high potential

ideally wait for the lower high to be passed then find a long opportunity on the retest

note price could reject this support level and swing down for retest on weekly channel