Interesting area of chart I have been watching for a while now. I will be looking for a bounce of the trend-line and/or consolidation around this area.
Took a bit longer than expected, but 234 pips gained
Sublime_Trading
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It is always easier to go in the direction of the established trend rather than trade reversals. The USDCAD has had a bullish bias since April when price broke back above the daily 200sma.
davidmag
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@Sublime_Trading, yes, I know. I still have some longs open but closed my long terms now and will be watching