FX:USDCAD   U.S. Dollar / Canadian Dollar
USDCAD posts an inverted head and shoulder. Break of the neckline fails to produce the required thrust due to much stronger horizontal supply line. This should result softer tone providing an opportunity to go long. Buy corrective dips to 1.3090 stop 1.3045 for 1.3160-80. If the expected move does not unfold and neither the stop nor the take profit reaches position to be closed in 24 hours. Time Stop.

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