USDCAD SHORT
USDCAD has been respecting this daily bearish trend. a bullish counter trend was formed towards this trend line which has already been broken. a breakout and re-test of this significant area is now taking place. I will be waiting for price to brake out of its current pennant formation before entering a short position.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.