Waiting For Structural Break
USD/CAD is still in a downtrend and still showing no signs of recovery, we are currently seeing signs of weakness within the AB region as marked on the chart, for now the market is likely to continue downward to level 1.2370 which served as a previous support.
we may expect a break either above or below structure A or B for now, I won't be making any further decisions till I see what happens above or below these two structural levels.
Let's see how it all plays out.
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