Technician

USDCAD: Approaching a Hot Zone

Long
FX:USDCAD   U.S. Dollar / Canadian Dollar
17
I am looking for at least a short term bullish bounce of this support area. As usual, i will look for confirmation candles over the daily and four-hour charts. We might see a retest to 1.0810 broken support.
Note: This is not a forecast, its just a potential trade that may or may not materialize.

Keep posted for updates. Best of luck, join me at twitter.com/thefxchannel
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