USDCAD - buy to the 0.382 Weekly fibo retracement
1.3200 is a stron Monthly and weekly support and we expect some retracement to the 0.382 fibo level on the previous long downtrend movement, which aligns with a previous daily resistance structure, before the market to continue and test again 1.3200.
We have a good engulfing 4H candle and we will put a pending buy limit order to the previous 4H support level.
We have a good engulfing 4H candle and we will put a pending buy limit order to the previous 4H support level.
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