USDCAD has been bullish and it might be time for a retracement. I think I see a 3 drives pattern completing in the 1.2480-ish area, so that's where I'll go short with a TP @ 1.2310-ish area. If you're trading multiple contracts 1.2205-ish might make a nice TP 2.
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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.