CJPointFX

USDCAD Potential Buy @Support

Long
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
USDCAD has given us a nice pullback to support around the 1.27800 level, price broke through this level as resistance earlier this month and is now retesting it as support. With interest rate hikes coming in 2022 we can expect dollar bulls entering the market. This may be yet another pivotal moment to see USDCAD take another move to the upside
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