opportunities to Long USDCAD

FX:USDCAD   U.S. Dollar / Canadian Dollar
61 0 1
Buy on retest of support ard             1.2197 (fib 38.2%). Target: 1.2374 (61.8% fib level). SL 1.2152 (previous high close)

Risk reward:

Reasons to long:
a) close above DMA signal change in trend
b) Price action has broken short term resistance
c) MACD indicates continued upside momentum

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