1. Price found support at 19.500 level and is making a tight range until 20.500 level. 2. This is just a pullback but still we're overall bearish with this market. 3. A couple of minutes from now, there will be a major news that's coming out for the USD so expect volatility later on. 4. Looking for a short opportunity in the lower tf is the best thing to do...
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USD/CAD The pair is repelling a verified support zone. Look out for continuation of the bearish outlook opportunity from the 1.31000 area which . Conservatively you can wait for a pullback and then break of a counter trend line placing your stop loss 25pips below the low of U turn. Take profit levels are: TP1: 1.30150 Click Here www.myfxbook.com To Check Out...