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Ocean98
May 30, 2021 7:42 PM

USDCAD Long

USD/CADOANDA

Description

USDCAD remains in a very critical area as it stands in a weekly level with less momentum of bearish moves on weekly time frame, the market has been very corrective as it approached the key level( a corrective approach on a key level signals possible change in momentum), The market also formed a falling wedge pattern. I am looking forward to seeing the market breaking and closing above the identified level with a retest before taking any buying positions this week.
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