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TheSocialInvestor
Jul 15, 2018 9:33 PM

USDCAD -- Weekly Breakdown Long

U.S. Dollar/Canadian DollarFXCM

Description

USDCAD Weekly Breakdown

On the weekly we see a nice impulsive breakout with an expected pullback to a very strong 38.2% confluence zone. If price is able to hold above this zone USDCAD should see further highs.

Overall longer-term bias -- Bullish

Follow for more updates on this pair going into the week ahead.

Happy Trading!

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