ForexFloorTrader

USDCAD MONTHLY CHART 12/22/2019

OANDA:USDCAD   U.S. Dollar / Canadian Dollar
UC has bounced off major resistance and is now headed lower towards major support. Notice however that over the last 6 months price has been in a sideways trading range. Waiting for price to breakout below the trading range followed by a high quality Short Trade setup before entering this market.
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